What a way to finish the FY, the month and week. SPR went up 18.7% in one week, 31% in June and 65.5% over the last 2 months. Quite amazing gains.
Something looks like it is brewing as today’s gain was the same in absolute figures as the day RMS went shopping for SPR shares - 9.5c both days. Maybe another substantial holder notice next week. Volume today seemed to be about the same as yesterday so if it’s not another big buyer behind the buyer then no idea why the SP went up so much today on no news unless there was a leak about more good assays and a particuarly good MRE update which would be a first if it is a leak.
Not sure I would be buying at these levels after such strong gains in a relatively short period, Changed my sentiment from buy to hold.
SPR Price at posting:
98.5¢ Sentiment: Hold Disclosure: Held
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