SPR 1.22% 83.0¢ spartan resources limited

Ann: Trading Halt, page-25

  1. 817 Posts.
    lightbulb Created with Sketch. 286
    I guess they sounded out the substantial holders. Not unreasonable. I suspect we won't see all of the large holders participating in the sell off, to the credit of some.

    I assume they are fully funded for what they said they are funded for.

    I have been a bit bothered that a mid-24 decision when clearly the mine is going to go ahead starts the clock on long lead time items a bit late. For example getting the decline started (they were going to do that as part of exploration) and getting more grinding capacity to improve recoveries of the UG ore.

    If they are thinking of getting moving on that I can put up with some big holders making a windfall, may the fleas of a thousand dingos infest their armpits. It is now a question of what crumbs are thrown to the cheap seats.

    I came in at 12 and wasn't planning on averaging up, but sometimes a CR is an opportunity for small holders, even if the big investors make a killing.

    Wait and see I guess. Possibly all of the above is way too optimistic.

    Good luck to all small holders.
 
watchlist Created with Sketch. Add SPR (ASX) to my watchlist
(20min delay)
Last
83.0¢
Change
0.010(1.22%)
Mkt cap ! $916.8M
Open High Low Value Volume
82.5¢ 83.5¢ 82.0¢ $3.833M 4.639M

Buyers (Bids)

No. Vol. Price($)
2 25650 81.5¢
 

Sellers (Offers)

Price($) Vol. No.
83.0¢ 194554 5
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
SPR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.