SRK 0.00% 3.6¢ strike resources limited

cap raising 20pc discount also offered to holdes, page-3

  1. 56,515 Posts.
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    Hi Auboat

    A 26% discount over a 5 day period gives you an idea who is really holding IMO. It is usually at 10/15% and at worst 20% over 5 days.

    Never seen a SPP at those percentages before for many a year and many who bought higher would be a little unhappy.

    SP manipulation.

    Like the story though and a few here have done well so congrats for those that got in early and she will be kept above that level, but the high risk is a macro correction on all fronts across the market. Obviously, the liquidity and size of the register has increased to warrant this. Quite a few small holders?

    Nicely timed.

    Could have been worse but connecting the dots regarding a raising through recent announcements are a little askew.

    Many have been sold into.

    After first buying FSL at 9c, I sold early at 70c so I am still following the story and I still think of the large X trades back in May at 35c odd before the spike, so you have to excuse me for commenting. I am eager for them to succeed as I knew the Khans personally many years ago and they sure are smart to get an ex Rio man on board.

    Nice work to the few that noticed and held ;)
 
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