SSC 0.00% 1.1¢ sultan corporation limited

time to buy

  1. 2,211 Posts.
    lightbulb Created with Sketch. 1
    In light of my prediction last week, that the share price will dive back to 2.4-2.5c, I expect a turn around in the next few days.

    I predict a bottom of 2.3c at the lowest, at which point you will start to see a rapid increase towards 4c, possibly even exceeding that.

    This is based purely on my interpretation of the charts, in line with previous trading behaviours exhibited by SSC.

    Remember also, we have had "good" announcements in the form of the Monty BFS commencement, and commencement of drilling at Elsinora, during the past two weeks of pain.

    At 2.3c low, I expect a rise to around 3.5-4c in the short term. My long term SSC expectations are around the 7c mark within 6 months. Completion of the Monty BFS and subsequently moving on to extraction/production will yield a higher SP.

    Please DYOR.
 
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.