Been tracking for 9 months ...... taken a bit longer than you...

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beancrock

23 Posts.

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21/12/17

21:19

Post #: 29815487
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Originally posted by pac5705 ↑

I expect there will be a few small players dumping their (huge) SPP purchases to make a few pennies, but those who are long just need to hold onto their shares for now (don't try and time the market) strong hands will hold on through the dips while we flush out the weak hands and continue on the upward trend.

Barring any major positive news (which could happen at anytime), I believe we'll drift back up to the high 30's before settling into the low 40's.

With 1.5B shares outstanding at 0.40 puts us at a market cap if $600M as we edge closer back into the asx200. Once that happens my gut prediction is as follows:

2017 year end - 0.50 -0.60
2018 year end - 0.80- $1.00
2019 year end - $1.20- $1.80
3 years from now $2.00-2.50
5 years from now $3.00-$4.00
10 years from now $10.00 -$12.00

What a dream if that occurs and just in time for a healthy and happy early retirement for all the longs who have lived through the highs and lows of SXY

I'm all in...holding firm and hope I can hold onto every share I own (and more) for the next 5-10 years.

Anyone have any better predictions?

IMHO SXY is a far better bet than the over inflated house pricing bubble were currently in with a much much higher ROI. Good luck to all.

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Been tracking for 9 months ...... taken a bit longer than you predicted in March, but we are finally moving

Any advances on 0.40 by year end?

SXY Price at posting: 38.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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Been tracking for 9 months ...... taken a bit longer than you...

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Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

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Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

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