SVY 6.90% 3.1¢ stavely minerals limited

Ann: Trading Halt, page-122

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  1. 1,294 Posts.
    lightbulb Created with Sketch. 79
    Evening all.
    Monday will be interesting.
    The quick placement to Morgan's at A$1 for A$19m was the only rationale move.

    The Psychology of what to do this week is fascinating.
    The Trait of Risk/Reward follows a normal distribution curve (Bell Curve).
    We are present some where on it. 90% with 1sd of the median.

    Trading Options: come Monday 14th of October. Assuming we have some or not.

    • Sell on open.Take the immediate profit.
    • Hold. Be content, ride it - leave some for the next investor.
    • My Rule of 4's (sell 25% at intervals).
    • Await Free Carry State. I rarely do. Maybe I should.
    • Buy more. Greed.

    I had to look back at Sirius SIR (July 2012). Finally got in a 50c. Exit ~ 90c.

    A bit of light reading.

    https://www.asx.com.au/asxpdf/20121004/pdf/42958l3ydxygbr.pdfAnd for those interested in Geology and I not someone dismissed Nova as a Porphyry style deposit here is a little bed time reading.

    http://www.ga.gov.au/data-pubs/data-and-publications-search/publications/critical-commodities-for-a-high-tech-world/porphyry-epithermal-mineral-systems





    Good luck for Monday and where you are on the Bell curve of Risk/reward.

    I am an outlier i.e. >95% in this case on the Bell curve.

    Finch

    Perth

    Holding (AQX, EVO, ISX, OCC, SGQ and SVY)




 
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