Guys imo this is not necesarily the next AUT, it could be but it has a number of hurdles to get over first. Also its huge number of shares are 5 times what AUT where 12 motnhs ago at almost 180M. To get where AUt is now it has had to do two CR's and a SPP, taking shares outstanding from 180M to 340 odd Million shares, almost a 100% increase.
If SSN needs to do the same to accellerate its plans and sure up its program its going to go well beyond 2 billion shares on offer. So $1.50 for SSN is a long long long way off, its similar to AUt reaching $9 which is a long way off for AUt.
The figures of 25-30c are imo realistic if SSN can get it all happening, but figurs like 96c need further investigation into the difficulties of such a reality.
Im not saying SSN isnt a fantastic opportunity, but i am sayinf i totally disagree with some of the figures being thrown around. They dont add up.
- Forums
- ASX - By Stock
- SSN
- hartley's report.
hartley's report., page-27
-
-
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)