In university finance they teach us about the 'efficient market hypothesis'. The semi-strong version of this hypothesis states that all public information regarding a company will be be reflected in an asset's market price at any given time.
If you have an IQ that's above the single digits it is quite obvious that this hypothesis is false. SRN is an excellent demonstration of this. Patience is key here - so long as us holders remain patient we will win out in the end. It has some of the best fundamentals of any exploration company out there. Some posters here have fretted that the SP won't do anything until production begins. That's probably not true; there are many explorers out there with much less reserves than us but with higher market capitalisations.
A re-rate is a when, not if.
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Last
0.8¢ |
Change
-0.001(6.25%) |
Mkt cap ! $14.89M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $93.62K | 13.21M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 2110013 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 5548955 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 2110013 | 0.007 |
10 | 7283800 | 0.006 |
6 | 3150100 | 0.005 |
4 | 4030000 | 0.004 |
5 | 3350000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 5548955 | 9 |
0.009 | 11040020 | 6 |
0.010 | 4815671 | 16 |
0.011 | 4891865 | 8 |
0.012 | 5503344 | 5 |
Last trade - 15.13pm 04/07/2024 (20 minute delay) ? |
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