Take the money and run like hell!
SIR has now been exposed in full glory, as one of the best pump and dumps in WA history. 5c to $4.40, brilliantly timed dump now.
$1.8B for a rich blackhole in the nullabor with no income, no mine infrastructure complete, no profit, $120M cashburn pa and now no MB the ceo.
This was perfect timing for the instos n creasy, excellent, with 7 year low NP, just before Q reports showing massive Q losses of -$33M per Qtr, just before the shorts took it down to $1 forget $4.40. Instos like hartleys will be laughing all the way to the bank.
To all SIR holders take the money and run like you stole it,
IGO gets the screaming baby now, and all the bills n cashburn, just in time.phew.
Whats the next ni stock these instos have their sights on as the next big pump n dump of a 80 bagger? Maybe oh yeeaah, the ones they and Rob Dennis already have piled into in droves at dirt cheap valuations n production with massive built infrastructure. Sounds plausible.
Expand