S2R 0.00% 6.9¢ s2 resources ltd

S2R - 42% up - Creasy strikes again ?, page-31

  1. 4,317 Posts.
    lightbulb Created with Sketch. 82
    I am going to try to be objective with this stock - and possibly upset a few on here - but just trying to work out best course of action etc.

    I really like this stock, for all the reasons stated on here which are obvious

    However, I sold Thursday morning in the mid 40s - no regrets nice profit etc. Why you ask?

    Don't like charts like that with massive gap up on volume at the top of a large run to start with...

    But also if you step back from the Sirius hype there is no way a MCap of $125 mill odd is justified even with the price of gold the way it is and the cash balance - these are good hits to be sure and I would bet for sure they will continue - but it is going to take time

    Nova was pretty much a world class deposit from the get go - that is why it ran as it did - and the MCap was under $10 million in the first day @ circa $.05c - any comparison to that is nonsensical at this point - I feel this is running a bit further than perhaps it should as a management play - though I can see value in giving a premium for this team

    Anyway each to their own - I would come back for sure if the gap fills which IMO is likely OR they really pull a massive rabbit out - good luck with it though looks like a nice stock
 
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Last
6.9¢
Change
0.000(0.00%)
Mkt cap ! $37.58M
Open High Low Value Volume
7.0¢ 7.0¢ 6.7¢ $14.54K 212.5K

Buyers (Bids)

No. Vol. Price($)
2 98207 6.6¢
 

Sellers (Offers)

Price($) Vol. No.
6.8¢ 843 1
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Last trade - 12.18pm 04/12/2024 (20 minute delay) ?
S2R (ASX) Chart
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