SVL 1.52% 16.8¢ silver mines limited

I'd encourage a different / second vector.every time this clown...

  1. 117 Posts.
    lightbulb Created with Sketch. 33
    I'd encourage a different / second vector.

    every time this clown feels the need to spruik here (or IVR), SVL and IVR SH should pop on over to the MMA pages and start a comprehensive dissertation on the various risks confronting MMA, and by extension, any investment in it.

    let me give you an example.

    liquidity.

    i purchased just over 1m FPO SVL on Thursday and Friday. At the same time, I'm also well aware of various macro factors that could cause the market to plunge and, by extension, SVL.

    but the liquidity of SVL means that one might take a 10-20% bath on a truly shocking day.

    for MMA it would be a bloodbath. There'd be nobody there to buy the plunge. Always the risk with liquidity constrained stocks. If the Fed gets it wrong and US can't contain inflation combined with wars and general 'in may, run away' malaise, MMA could easily drop 50%.

    so if this clown keeps doing their schtick, just start with the 'im really not sure but I'm very worried and I'd like to discuss with you all' chat over at MMA.

    that will hurt their hip pocket. Then they'll keep quiet.
 
watchlist Created with Sketch. Add SVL (ASX) to my watchlist
(20min delay)
Last
16.8¢
Change
0.003(1.52%)
Mkt cap ! $248.8M
Open High Low Value Volume
17.0¢ 17.0¢ 16.5¢ $33.28K 195.8K

Buyers (Bids)

No. Vol. Price($)
24 1073543 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 641816 18
View Market Depth
Last trade - 10.50am 02/05/2024 (20 minute delay) ?
Last
17.0¢
  Change
0.003 ( 0.47 %)
Open High Low Volume
16.8¢ 17.0¢ 16.8¢ 242979
Last updated 11.10am 02/05/2024 ?
SVL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.