Australia's largest stock trading and investment forum Australia's #1 stock forum

S2R

Click for more information

4.17%

12.5¢ s2 resources ltd

Chart update, page-4

First 4 Last

Share
Profile

Follow
kyngdominion

2,399 Posts.

1834

07/07/23

20:45

Post #: 68681065
Share

Originally posted by gruntov ↑

LD, I think you hit on something with properties being held in different shell companies.

My thought is when they are ready to sell Fosterville West to Agnico, only that will be sold off.
The remainder of the projects will be retained byF S2, either as S2, or in a new arrangement.

There is also the possibility that part of the purchase price for Fosterville West will be some other prospects in Australia that Agnico owns.

Otherwise, the purchase would be some combination of $ , preferred by us, or Agnico shares, preferred by Agnico.
This way, S2 management retains their jobs, and continue to look for the 3rd buyout from the remaining properties.

Expand

Good chance we will see some consolidation around these levels before the next leg up...
Flag a long way from being formed but by the end of next week will be telling...

Looking forward to the next update... GLAH

S2R Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 169 more messages in this thread...

First 4 Last

Add S2R (ASX) to my watchlist

(20min delay)
Last 12.5¢		Change 0.005(4.17%)		Mkt cap ! $56.60M

Open	High	Low	Value	Volume
12.5¢	12.5¢	12.5¢	$1.25K	10K

Buyers (Bids)

No.	Vol.	Price($)
5	102376	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	105116	3

View Market Depth

No.	Vol.	Price($)
5	102376	0.120
4	81416	0.115
7	108551	0.110
3	82500	0.105
3	159955	0.100

Price($)	Vol.	No.
0.125	105116	3
0.130	138283	3
0.135	165028	3
0.140	36428	2
0.145	50639	2

Last trade - 13.34pm 30/05/2024 (20 minute delay)

S2R (ASX) Chart

SPONSORED BY