SFX 0.00% 56.5¢ sheffield resources limited

Just when SFX looked like bouncing, down she goes again. You...

  1. 481 Posts.
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    Just when SFX looked like bouncing, down she goes again. You cannot blame anything but the market, the market has decided that SFX is not worth $300mill market cap anymore. But rather less then $50mill market cap. The only reason I showed up when I did was because a certain vocalist brought me here. Interesting to see how stocks compare.

    This one is in a serious down trend, I for one would be trying to pick the bottom.

    Management saying they are saving money, would be nice if they reduced the remuneration for staff. Ridiculous cash burn for a company with an asset which nobody wants to touch yet financially. Would be nice to see some figures, IMO it was just an attempt to slow the sell off. Didn't help is all I can say.

    https://hotcopper.com.au/data/attachments/1989/1989332-4646afe5a2bd06140f5660e9eec17f8f.jpg

 
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Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
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