SLZ 0.00% 0.6¢ sultan resources ltd

IPO - Sultan Resources Ltd, page-114

  1. MG.
    4,383 Posts.
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    I am with you buddy. Yes it didn't perform well at all as expected. Gold got smashed last night and trade wars fears plus that idiot sitting from the milking time early this morning with that 125k Order didn't help at 15c. register was not tight it appears. Also only found out just now, though this was Xcel deal Tomsic is not involved in this apparently and also a group called ARQ Capital or in this, I never heard of them. Any way agree with Anton and the likes of his experience with ADT. It did held up well at one point I thought it could get smashed without any support. It's day 1 only. I was told Aldoro was Tomsic's deal like Tando was - and this Sultan was from another guy in Xcel and from ARQ. I still believe that this will head higher slowly next week once the spread guys are gone. I am shocked at the performance today and didn't see this coming. Thought it would open around 23c. Market decided otherwise. Early days and needs to wait and see.
 
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