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($) | Vol. | No. |
---|---|---|
6.8¢ | 843 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 89283 | 0.085 |
1 | 15000 | 0.084 |
2 | 19051 | 0.083 |
3 | 53398 | 0.080 |
1 | 50000 | 0.078 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 150000 | 1 |
0.100 | 5555 | 1 |
0.105 | 21803 | 1 |
0.110 | 240090 | 3 |
0.115 | 135806 | 3 |
Last trade - 12.18pm 04/12/2024 (20 minute delay) ? |
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S2R (ASX) Chart |