SDV 1.67% 61.0¢ scidev ltd

Stormey... mate shooting your own knees or being emotional...

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  1. 2,432 Posts.
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    Stormey... mate shooting your own knees or being emotional doesn't help.
    It's frustrating for me as well.
    But doing some careful analysis and making the right decision does help.

    Zinc price was very low for sometime. Started reversing in Jan 2016.
    Broke the previous high in Nov 2016.
    Zinc is in deficit.
    http://www.kitcometals.com/charts/zinc_historical_large.html
    The dump was useless for a long time because Zinc was not in demand.
    Management realized that now is the right time to get something out of the dump.
    I'd love to see some action overnight. But it does takes time.
    Of course.....sooner the better.

    Any progress in SciDev?
    Yes. Read the presentation and other announcements.
    Management is busy.

    How about focus?
    They've made that very clear. Even the company name has changed.

    Dilution?
    Look at the market cap. 6m.

    Communication:
    Not bad. But can be better IMO.

    Sentiment:
    Given the SOI is very low, price can move swiftly and sentiment will change accordingly.
    Some are frustrated. Some have no idea. But some may find opportunity here.
    I never average down. But if I didn't buy at a higher price I'd look for an opportunity here.

    BTW all IMO. Let me know if I am wrong.
 
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Last
61.0¢
Change
0.010(1.67%)
Mkt cap ! $105.3M
Open High Low Value Volume
59.0¢ 61.0¢ 59.0¢ $90.90K 151.0K

Buyers (Bids)

No. Vol. Price($)
1 5000 61.0¢
 

Sellers (Offers)

Price($) Vol. No.
61.5¢ 19000 1
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