SPM 0.00% 2.2¢ speewah metals ltd

Hi Knuckle,I think it has more to do with the current situation...

  1. 735 Posts.
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    Hi Knuckle,

    I think it has more to do with the current situation with almost all small caps. Have a look at the companies you yourself have been posting on.

    CJO down 13c to 8.8c
    AMX down $1.80 to 67c
    PIO down 3c to 1.6c
    IVR down 38c to 18c

    Now assuming you are a holder of some of these companies, surely the individual situations can't all be dire?
    Sure SPM have a low market cap but there have been many examples of companies with low MC being taken over or agreeing to financial backing due to great resource and ability to produce a profit. This one will take time but like all small caps it is risk and reward. It depends on what you believe will happen. I guess time will tell.
 
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