Hi mango64,
I found from previous experience with my high exposure risky "investments"that they start to bear fruit in about 6 months.
Before I take a large position ,the risk/reward has to be overwhelmingly in my favour.
INL is trading at an all time historical lows.
It had mc of 2m before the 5m cash from Nippon & all the nagging issues with LJC.
Now it has similar value ( 2m + 4m ),with the added bonus of getting rid of LJC.
So,I am not paying any premium.
As a matter of fact ,if we take the royalty from BSM + whatever cash generated from Zeehan residue,INL is trading at a discount to its "guaranteed" cash backing.
I honestly don't see any downside from current levels.
I will patiently wait for the blue sky "potential" .
Regards.
- Forums
- ASX - By Stock
- SDV
- who is the trade monkey?
who is the trade monkey?, page-12
-
- There are more pages in this discussion • 39 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
Add SDV (ASX) to my watchlist
|
|||||
Last
42.0¢ |
Change
0.005(1.20%) |
Mkt cap ! $79.71M |
Open | High | Low | Value | Volume |
41.5¢ | 42.5¢ | 41.5¢ | $71.52K | 170.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 38058 | 41.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.5¢ | 14236 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 38058 | 0.415 |
1 | 13000 | 0.410 |
1 | 2425 | 0.405 |
5 | 275499 | 0.400 |
1 | 2600 | 0.395 |
Price($) | Vol. | No. |
---|---|---|
0.425 | 14236 | 1 |
0.430 | 50000 | 2 |
0.435 | 21096 | 1 |
0.440 | 83016 | 2 |
0.445 | 156 | 1 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
Featured News
SDV (ASX) Chart |