SSC 0.00% 1.1¢ sultan corporation limited

Only a fool would sell right now (unless you need to put food on...

  1. 1,854 Posts.
    Only a fool would sell right now (unless you need to put food on the table).

    Quite clear that only small trades are going through and predominantly well under $10K each.
    Our daily turnover is a joke for a company with 1.75 billion shares on issue.

    None of the big holders are selling and why would they?

    Monty is in a full swing.
    Bogdan starting to drill in the next couple of weeks.
    Togo back on with our tender being presented this Thursday.
    New project(s) in the Balkans.
    And let's not forget Peelwood.

    I would presume that we will get a positive update on most if not all of the above this quarter.

    Perfect time for topping up if you are a bit light.

    If you are fully loaded, relax. We are only going through a rough patch. There's clear sky ahead of us.

    The important question everyone should ask themselves is whether they are in this stock as a trader or as an investor.

    If you are a trader looking for a quick buck, you are in a wrong stock.
    I honestly doubt that there are any traders left in here but if you are one, you should re-think your trading style as you have no idea what you are doing.

    If you are an investor with a mid-long term outlook, you are definitely in the right stock.

    Good luck to all holders.

 
watchlist Created with Sketch. Add SSC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.