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59.5¢ spartan resources limited

Correct. The market prices in certain expectations and if it...

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WazBuff

213 Posts.

92

11/01/24

18:07

Post #: 71837368
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Originally posted by calmbeforestorm: ↑

It’s all about CPI expectations. If it comes in less/more than expected POG will rise/fall. Not sure what POG will do if CPI is in line with expectations. I don’t really care what the CPI is for 1 month as the tend is clearly down and even if it’s above expectations I will be extremely surprised if it’s not significantly lower in 6 months in which case PIG will likely be significantly higher than today.

If POG dips lower due to a higher than expected CPI then SPR will likely fall due to a lower POG - in this situation it will be a better time to buy SPR before more assay results are released. Remember that the NN holes yet to be released had visible gold.

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Correct. The market prices in certain expectations and if it doesn't hit those the price will fall. CPI could go down but not at the rate the market expects. Either way, we are nearing peak fear for now, so hopefully any further selling is swift. IMO DYOR

SPR Price at posting: 46.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 59.5¢		Change 0.000(0.00%)		Mkt cap ! $645.6M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
3	37750	60.0¢

Sellers (Offers)

Price($)	Vol.	No.
58.0¢	103085	3

View Market Depth

No.	Vol.	Price($)
3	37750	0.600
5	197559	0.590
7	146594	0.585
16	322033	0.580
6	157234	0.575

Price($)	Vol.	No.
0.580	103085	3
0.585	5454	1
0.590	205348	5
0.595	100000	1
0.600	114814	6

Last trade - 09.39am 01/05/2024 (20 minute delay)

SPR (ASX) Chart

Day chart unavailable