SBR 13.3% 1.7¢ sabre resources limited

7 likes? Why? SBR with $4.5M cash releases Lithium News (which...

  1. 4,646 Posts.
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    7 likes? Why? SBR with $4.5M cash releases Lithium News (which so happens to be aSELLING OFF Commodity) and a Presentation at a Conference all in 1 day?? Wait....DID we forget something?? Oh yes.... in the SAME day they announced issuing SPECIAL, CHEAP shares 2.9M of them at 3.3c...ALL IN 1 DAY?!?!?!?!

    https://hotcopper.com.au/data/attachments/5683/5683463-f588bee3aa29091605462afdb9d77a55.jpg

    GEEZ that's a lot to chew.... this is screaming impending Capital Raise coming.

    Last Year they managed $8M cash
    This year they managed $4M cash
    That's a 50% halving...
    What's the next raise just $2M for example? Struggle to get financing? Hotcopper has no clue on how to research, particularly the daytrader thread.

    https://hotcopper.com.au/data/attachments/5683/5683465-926e116c4b4f114784e4a2fdbe3f0ca8.jpg


    LOOOL RUN! SELLLLLLL into whatever madness we are seeing. Not advice, just what I would do IF I had a large positiion and went through it with a fine toothed comb.

    Only good thing this chart has is a price above the 200 EMA still not to be trusted with the Stink FA smile.pngHeard it here FIRST!

    SENTIMENT REMAINS A SELL! A HC SCHMUCK MAGNET eek.png Room for a smaller push before the tank IMO



    https://hotcopper.com.au/data/attachments/5683/5683459-e3a74f2feadcf0e6170c735c1d5b72ca.jpg
    on
 
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Last
1.7¢
Change
0.002(13.3%)
Mkt cap ! $6.362M
Open High Low Value Volume
1.6¢ 1.7¢ 1.5¢ $8.774K 550.2K

Buyers (Bids)

No. Vol. Price($)
1 50000 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 37631 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
SBR (ASX) Chart
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