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With full respect to @Burnett we have heard of brokers saying...

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The Stig

8,103 Posts.

654

22/09/21

12:03

Post #: 56261912
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Originally posted by buddi ↑

Nah mate! I still stand-by my opinion that a CR is not on the cards, the cash they have on hand is heaps compared to what they typically hold. That's my thinking anyways.

I think holders are getting frustrated and getting out... show them some vision or anticipation of what's coming next, and then the bleeding would stop.

There is also a small chance that there is something fishy coming out of the audited accounts. But, based on what @Burnett said y'day (what he heard from his broker), that's a low probability, but may be some holders don't want to take that chance after what happened with the half-yearly early this year?

Time will tell!

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With full respect to @Burnett we have heard of brokers saying stuff before but amounts to smoke up the proverbial, the supply hasn't become desperate yet, but if it does lm sure 1cent is the next support, team is MIA it seems and this bears on the SP, lm also not buying the Covid excuse btw, even with doubts lm still willing to hold as at some point, be it now or next year they need to bring something to the table or funds will expire. You can't develop things without funds, whats the cost to develop 2ha of aqua plantation and what happened to the solar?

SCU Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
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