SRX 0.00% 17.8¢ sierra rutile holdings limited

Hi Rodney, I must admit I thought a run like this would have...

  1. 575 Posts.
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    Hi Rodney,

    I must admit I thought a run like this would have followed an announcement. Either there is a good announcement to come shortly or we have another desparate investor entering, who is forced to buy them like every other Joe Blow. Unlike some of those other huge pre-arranged trades that have gone on over the past month.

    Some info you may or may not be aware of is that some institutions have recently bought in.

    Colonial First State Future Leaders and Developing Co Funds have taken up 3m and 1m shares respectfully.

    This represents 1.3% of there respective fund sizes. ei: it is a standard hit by them. They have strict rules and much tyre kicking goes on before they would take on a small cap for the first time.

    Things look better than good.

    Thanks for the reply and good luck.

 
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