SBR 0.00% 1.9¢ sabre resources limited

Mate, I am a professional investor. Let's just see how this...

  1. 5,374 Posts.
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    Mate, I am a professional investor. Let's just see how this plays out. My insight is good.

    Go back over my posts, plus 1 year ago, OK last cr, my views, called down and we are 70% down from then.

    A material change needed to be had, assays delays were mentioned as sherlock will be drilled. Fact.

    If good, then a resource revision. Time.

    Do you think all that will occur, material enough to value sbr higher than 1c within 5 months?

    With all script added up, 1c will cap sbr at 50m.

    To be 1c, 50m requires something tangable that is not there right now.

    I think sherlock is good. My concern is timing on the short dated options.

    A safer bet for great leverage is new options, with limited risk as 2 years to workout.

    That is my message.

    Its proven that 70% of options, close to expiry when under strike do expire. So odds are 70% against those buying those.

    Sbro is down to 0.1 with 253m at 0.2 on sell. If one buys these, and sbr does not move, how do they sell with 1/4 billion up for sale?

    One needs to analyse risk before reward.
 
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Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $7.111M
Open High Low Value Volume
1.9¢ 2.1¢ 1.9¢ $20.14K 1.019M

Buyers (Bids)

No. Vol. Price($)
1 12500 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 147904 1
View Market Depth
Last trade - 15.37pm 15/05/2024 (20 minute delay) ?
Last
2.0¢
  Change
0.000 ( 4.17 %)
Open High Low Volume
1.9¢ 2.0¢ 1.8¢ 359471
Last updated 12.30pm 15/05/2024 ?
SBR (ASX) Chart
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