Hugely anomalous (and large) volumes traded. Large price action.
Hard to imagine it was related to a (modest) positive announcement of an offtake, and an updated Investor Presentation.
Most analysts and commentators would concede SIR is probably fully priced at +$1Bn capitalisation given its current stage of development.
So what gives? A fully informed market? Right up there with Santa and the Easter Bunny.
More press speculation than you can poke a stick at. Either one is in discussions or one is not. Come on ASX......investors are asking.
LM.
Disclosure: Recent Investor, Not feeling fully Informed.
Currently Not Held.
Hugely anomalous (and large) volumes traded. Large price action....
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