SRN 6.25% 0.8¢ surefire resources nl

I think all holders would be better off if they stopped looking...

  1. 28 Posts.
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    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/



 
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Last
0.8¢
Change
-0.001(6.25%)
Mkt cap ! $14.89M
Open High Low Value Volume
0.8¢ 0.8¢ 0.7¢ $93.62K 13.21M

Buyers (Bids)

No. Vol. Price($)
9 2110013 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 5548955 9
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Last trade - 15.13pm 04/07/2024 (20 minute delay) ?
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