SRS
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0.00% 7.1¢ spicers limited

wait till next week

  1. CmonCDR
    431 Posts.
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    13/09/11
    11:34
    Post #: 8952135
    The downward pressure is on the fund managers selling into a thin buyers market due to the rebalance of ASX 300.

    If I was a buyer I would be waiting till Friday as I suspect that the price will be around 7.5 cents (my guess only).

    Once the rebalance has occurred this stock should work its way back to 10 cents +.

    Just my speculation based on rebalancing of ASX 300..
    SRS Price at posting: 9.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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