multi bagger under day traders radar, page-20

A few years ago, when folks were excited about exploration, a drilling announcement in something as prospective as Cultana would have pushed SER to double figures, just with people willing to take a punt that it paid off. Coupled of course with the day traders betting that interest will peak as drilling continues. But now? I don't know. Just when I think that might happen, the SP does nothing and it looks like folks have already factored that one in. Pre the GFC, SER (nee EBR) peaked around 12c on the prospect of drilling Cultana. That was before some dilution of course, but when Uley was worthless to counter that. However I suspect there won't be that level of excitement in this more risk-adverse world. We will probably have to sit tight and wait until we get some good drill results before knowing if the punt was worth it or the SP dives and we go to Plan B!