spec miners arent an 'investment' in the classic sense - they are a speculation. Esp silver exposures
that said I'll point you back to SVL in late 2015
raise was at 7c if I recall
i bought post raise at 6.3c
inside 2 weeks it was above and then raced away
when precashflow cos issue a lot of shares esp to funds there is often a post raise wilt unless the commod they are attached to is racing.
This is why I said i expected it to trade around its 'base' bc of where the issue was priced
there are some stock specifics bc of that
But don't conflate that into a comment about future prospects
but this is also why I said mgt needs to be running hard to find the next wave of buyers - soak that weakness and/or source of overbid if and when silver makes its next upmove
could be a few weeks. Might be tomorrow.
Only take a weak US NFP or other data to generate US recesssion view and PMs would fly
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8.1¢ |
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Mkt cap ! $18.90M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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2 | 35000 | 0.080 |
1 | 32000 | 0.078 |
1 | 10000 | 0.075 |
1 | 100000 | 0.071 |
Price($) | Vol. | No. |
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0.088 | 6000 | 1 |
0.092 | 57203 | 2 |
0.095 | 8930 | 1 |
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