SPX 9.09% 1.0¢ spenda limited

remx as an anecotal sentiment, page-3

  1. 15,276 Posts.
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    joulesmm1...

    Nice work...looks like we are the only two following SPX...drilling any day now.

    If I were to pick a stock to follow in this end of the wood, given some of the market caps around (ie LYC), I think SPX is a pretty safe bet given the initial results.

    Particularly their mix of REO's.

    Any indication they persist at depth, and there should be a decent re-rate on the cards.

    No volume at all...so anything decent may see one of those +200% re-open scenarios...works both-ways of course but given their current market cap, downside is significantly less than upside.

    If they were trading at 50c or so, then I might be waiting to see more before entering...but not at 6-7c...and well below the listing price, in spite of success.

    The market throws a few bargains up every now and then...just need to catch the right one.

    Cheers!
 
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Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $47.56M
Open High Low Value Volume
1.1¢ 1.1¢ 1.0¢ $16.23K 1.538M

Buyers (Bids)

No. Vol. Price($)
27 10253909 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 2705842 9
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
SPX (ASX) Chart
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