SRX 0.00% 12.0¢ sierra rutile holdings limited

This must of been released from their forum last night - some...

  1. 50 Posts.
    This must of been released from their forum last night - some positive findings.
    Personally, I don't think investors or instos who have purchased SRX at these levels have purchased the on the basis of these trials. It would of been based on the following
    Stock Oversold
    Over 50% down from its highs
    Low PE compared to others in the sector
    its in a good sector
    No debt
    Turnaround play
    Lower AUD
    Buy Back
    The STOCK has been sold down on poor Sales & missed targets, not based on potential trials. If the stock falls heavily on Monday, its purely based on fear and potential headlines. I would be surprised. Remember the company never had the revenue to lose so impact on earnings is minimal
 
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12.0¢ 12.5¢ 11.5¢ $1.205M 10.05M

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12.0¢ 287947 3
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Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
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