I think all holders would be better off if they stopped looking at the daily volume or SP movement. I'm not a day trader, I plan to hold this share long term because by all accounts it has fantastic fundamentals. The enterprise value (currently less than 20m) is a fraction of the reasonable confidence interval of the NPV of the projects, which is in the billions.
The only risk I can see is if there is a problem with the management of the company - a risk that exists for every company. I sincerely hope the SP stays stagnant for the next few months as it will allow me to continue accumulating (my goal is to get up to 4.5m units). By every reasonable expectation the SP should increase by at least 10-fold in the mid to long term.
People should remember that the investors with the highest returns are the ones who never second guess or change their strategy because they have died:
https://theconservativeincomeinvestor.com/fidelitys-best-investors-are-dead/
- Forums
- ASX - By Stock
- SRN
- Victory Hill/Unaly Hill projects potentially worth billions
Victory Hill/Unaly Hill projects potentially worth billions, page-45
-
- There are more pages in this discussion • 32 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
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
Add SRN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.90M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $98 | 14.02K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 12005283 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 12785047 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 12005283 | 0.006 |
43 | 17746371 | 0.005 |
12 | 11088088 | 0.004 |
8 | 6435674 | 0.003 |
8 | 13352500 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 12785047 | 18 |
0.008 | 5096726 | 6 |
0.009 | 3279888 | 5 |
0.010 | 9685007 | 11 |
0.011 | 3471818 | 2 |
Last trade - 10.51am 04/10/2024 (20 minute delay) ? |
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
SRN (ASX) Chart |