Hi Ellie.
This is a somewhat difficult one as we do not know yet how they will pay Murchison $ 10 million and if it is to be via a rights issue or placement there could be downward pressure on the shares .
Tin looks as if it has turned upwards however bear in mind that the Indonesians were not able to fully control tin miners and I believe that is a reason Tin went down so much , ie a lot of extra uncontrolled supply .
The deal looks good for SRO I must say .
I have the share on my radar screen , having researched it somewhat .I understand that Mr Seville is a very able gentleman.
I believe they have been tipped by some Firms which I never favour as of the old school am I , the saying goes 'where there is a tip there is a tap'.
They look very strong to me, they have done quite a few things I like on the charts , so They could go for a trot .They even touched the 20 Turtle buy,importantly with an upward slant Yesterday.
They are also rising without any announcements that I have seen from the Company.
I am not advising anybody , everybody should carry out their own research.
Best wishes to you Ellie
- Forums
- ASX - By Stock
- sro..to brunette two.
sro..to brunette two., page-2
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online