It's an interesting situation.
A seller offloaded over 500k of shares two days ago in a hurry and we were back at low support of $1.3x and now back to $1.45 already on very little buying. There seems to be plenty of buyers at these levels happy to snap up the cheap shares.
If someone really wanted to take a decent buy position in SRL of 50,000 shares right now you are going to be pushing the price pack to $1.78. if you wanted to buy 500k of shares you would be pushing the price well over $2.
Food for thought that if you want SRL stock in a decent amount, there is not much available to buy and SP price is going to move up in a hurry. Just like it did in the past month really before the big sell order.
It's an interesting situation.A seller offloaded over 500k of...
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