SRL 4.03% 64.5¢ sunrise energy metals limited

Easy, I take a long-term view and have high confidence in SR+RF...

  1. 37 Posts.
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    Easy, I take a long-term view and have high confidence in SR+RF getting a deal off the ground that is good for shareholders.

    Is it enjoyable watching my holdings drop further in value? Of course not. Current macro conditions and low volume make it particularly susceptible to price movements like we're experiencing. As such, it appears to be a very tightly held stock, so I take optimism in the likelihood that when this stock begins to move on good news, it will move quickly.

    Do I wish we were getting more information as to the progress with potential partnerships, agreements, etc.? Of course. However, I do understand the sensitivity of such discussions, and spurious announcements to prop up the price is not a good look. Simultaneously, mining juniors demand patience of their shareholders, so I knew what I was getting into as a retail investor where I do not have access to the kinds of information and insights that sophisticated and institutional investors might.

    The price is slowly approaching my accumulation threshold, so I'm upbeat to the possibility of increasing my holdings at what I perceive as a big discount. I understand it's very difficult to maintain optimism when your position might be heavily underwater with no intention of averaging down, but you did ask "how can anyone" and, well... I'm anyone.

    All IMO, DYOR.
 
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Last
64.5¢
Change
0.025(4.03%)
Mkt cap ! $58.19M
Open High Low Value Volume
59.5¢ 68.5¢ 59.5¢ $42.88K 66.55K

Buyers (Bids)

No. Vol. Price($)
1 199 64.5¢
 

Sellers (Offers)

Price($) Vol. No.
65.5¢ 76 1
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
65.0¢
  Change
0.025 ( 9.04 %)
Open High Low Volume
60.5¢ 68.5¢ 59.5¢ 17202
Last updated 15.59pm 29/03/2024 ?
SRL (ASX) Chart
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