I’ve gone back to the start of this year and ALL announcements regarding drill results or resource estimates have been released early in the week, mostly Mondays and Tuesdays and sometimes on a Wednesday. Hopefully we get some news this week, Despite the disappointing finish today, trading over the last week or so (price and volume) suggests there is an expectation of good results. We are certainly due some meatier intersections.
The other factor that intrigues me is the $25m raise which, it’s fair to say, came out of nowhere and seemed rushed through. The shares haven’t gone to a previous substantial holder, so who picked up those shares? Insiders? A potential suitor?
Good luck to all holders.
Spartan Resources, page-377
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Last
$1.28 |
Change
-0.005(0.39%) |
Mkt cap ! $1.411B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.28 | $1.27 | $5.145M | 4.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39096 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 275738 | 6 |
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| SPR (ASX) Chart |