SRL 6.59% 42.5¢ sunrise energy metals limited

the fall has been down to numerous factors1- it got too high in...

  1. 351 Posts.
    lightbulb Created with Sketch. 47
    the fall has been down to numerous factors

    1- it got too high in the first place
    2- cobalt price collapsed
    3- reality of actually having to engineer, finance and build kicked in
    4- EV market hasnt grown quite as fast as hoped past 2 years
    5- it got shorted
    6- its now probably oversold
    probably reasons too feel free to add

    add all that up and you have a huge fall in sp.
    yes i think the only thing that will cause a rerate is securing finance. So current holders are gambling that occurs
 
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