SRZ 5.26% 1.8¢ stellar resources limited

Ann: Sale of Non-Core Exploration Licence to Alligator Energy Ltd, page-12

  1. 6,933 Posts.
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    I prefer investing in stocks that are (a) rising in value and /or have a possibility of rising over coming weeks and months and (b) which bear some relationship to the commodity it is exploring/extracting

    As I said before, virtually the only way to make money with SRZ is to time the Taylor Collison CR (i.e, get in just as the last few TC placement shares are being flushed and immediately prior to the next Taylor Collison CR being announced.

    Its a risky trade though, because SRZ' massively discounts its placements to Taylor Collison (i.e, 30-40+% to VWAP in the last three consecutive raises), so mistiming the sell means holding the bag for 6 months or longer while slowly skims their winnings
 
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