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$9.30 sandfire resources limited

Ann: Transformational Acquisition of the MATSA Mining Complex, page-180

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Tradingdreamz88

4,847 Posts.

923

30/09/21

10:35

Post #: 56458172
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Originally posted by binbin: ↑

Not sure why some are complaining... The way I see it, the institutions have done their due diligence and have decided that $5.40 is a good price to pay for SFR shares. There's even an underwriter willing to buy any shares that aren't taken up by existing shareholders. So to me, it shows that anything under $5.40 is an even bigger bargain and everyone should be buying as much as possible during this temporary period of share price weakness.

I assume everyone is a shareholder of SFR because they believe in the future of copper so if that's the case then isn't any short term weakness in the share price and the price of copper an opportunity to top up?

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Agree-

Retail are emotional-
Will complain when they don't get similar access as Intso/funds, yet will also sell when a Coy is trading unders to a fully underwritten equity raise.

SFR Price at posting: $5.22 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $9.30		Change 0.070(0.76%)		Mkt cap ! $4.250B

Open	High	Low	Value	Volume
$9.23	$9.32	$9.16	$15.50M	1.672M

Buyers (Bids)

No.	Vol.	Price($)
2	5224	$9.25

Sellers (Offers)

Price($)	Vol.	No.
$9.30	8407	3

View Market Depth

No.	Vol.	Price($)
2	5224	9.250
1	1625	9.240
3	8411	9.230
2	18667	9.220
2	8746	9.210

Price($)	Vol.	No.
9.300	8407	3
9.310	12743	1
9.320	8746	2
9.330	10677	2
9.340	6924	2

Last trade - 16.10pm 02/05/2024 (20 minute delay)


Last $9.27			Change 0.070 ( 0.75 %)
Open	High		Low	Volume
$9.23	$9.32		$9.17	458500
Last updated 15.59pm 02/05/2024 ?

SFR (ASX) Chart