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

SRL

Click for more information

1.25%

39.5¢ sunrise energy metals limited

General data, page-1048

First 1048 Last

Share
Profile

Follow
Longstory

3,566 Posts.

165

04/01/24

21:46

Post #: 71732485
Share

Originally posted by Fastback6666: ↑

Interesting times, I have not bought any more shares in quite a while but the stock is getting stupid cheap now.

I can see on the long term 10 year SP chart shows SRL touching on Oversold on the Relative Strength Index (RSI). I can see long term chart also there is low support around this 40 cent mark(lowest low I saw was .37) - that is one safety net.

The SP chart has only touched on that RSI level once before in 10 years and also the market cap is just highly undervalued on this at present, especially if you think they can pull a deal together.

Even for worst case if they had to sell off the assets and their IP and progress they would get more than the current 42mil market cap.

I took another bite here today at 45c for 7000 shares or 70,000 shares in the old money as that doesn’t tie up a lot of money and I think worst case that money is covered by any sell off and if they pull a deal together…well that would be awesome and they have 7 quarters of funding to find it.

Let’s see what happens this year.

Expand

Let’s see what happens this year.

i don’t think the market will change very much this year.
but sometimes miracles happen

SRL Price at posting: 44.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

TMK

TMK Energy kicks off drilling for new pilot wells in Mongolia's vastly underexplored Gobi

LMS

Litchfield boosts its copper, base and precious metals footprint in the NT with acquisitions

WAF

West African Res jumps on claim mine safe under Burkina Faso's junta; HotCopper ponders Russia

OCC

Orthocell wins first international approval for nerve repair product

DRO

Droneshield shares move up on $13.5M US govt contract

There are more pages in this discussion • 551 more messages in this thread...

First 1048 Last

Add SRL (ASX) to my watchlist

(20min delay)
Last 39.5¢		Change -0.005(1.25%)		Mkt cap ! $35.63M

Open	High	Low	Value	Volume
40.0¢	40.0¢	39.0¢	$1.002K	2.507K

Buyers (Bids)

No.	Vol.	Price($)
1	21	39.5¢

Sellers (Offers)

Price($)	Vol.	No.
40.5¢	1000	1

View Market Depth

No.	Vol.	Price($)
1	21	0.395
1	12996	0.390
2	4226	0.380
1	20000	0.370
1	5288	0.365

Price($)	Vol.	No.
0.405	1000	1
0.415	1267	1
0.420	10000	1
0.435	2689	1
0.480	21250	2

Last trade - 16.10pm 08/10/2024 (20 minute delay)

SRL (ASX) Chart