SER 4.17% 2.5¢ strategic energy resources limited

something brewing, page-2

  1. 169 Posts.
    Agreed, Flatchat. When you see one order of 1 million at 11.5c placed out of the blue, then another of 300,000 at 12c, a late push of nearly 400,000 sold at 12.5c in the last few minutes, and an after-close announcement of 500,000 unlisted options being turned into shares at 5c ... well, it's not exactly a breakout but you have to think there's a bit of positioning going on in readiness for a significant event.

    That's not to say the event in question (most likely further news of "the deal", of course) is imminent, just that it's on the way quite soon ... and seen by some at least as likely to trigger a significant jump in the SER share price. Whether that jump takes the SP past the 19.5c it briefly reached in February remains to be seen. Fingers crossed.

    Sunman
 
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