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20/08/18
15:53
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Originally posted by vcr999
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First trade on market open. bots buying 31 shares pushing SEI's price up 10.5%. More buyer volume will come on line then the seller will dump larger volumes down to 1.9 cents again, Then bot buys small trade push price up repeat process and you offload all your shares. SEI needs a capital raising very soon they need to keep the price up for a CR of around 1.5 cents. SEI have only $500,000 cash left running out of cash quickly a Capital raising is there main focus. No money to buy the Quarry they have a limited lease in Chile that needs drilling with a time limit or they will lose them.Gold mine leases are draining money with no production close.No off take partner for any Tungsten produced, the way it is looking SEI will not even buy the Quarry no money. A fill in CEO with no clear direction for the Company,the only thing Russell has done is giving himself and the board millions of share options without achieving anything. You can talk up a stock but talking 5 times multi baggers is just misleading share holders. CHEERS
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Lol SEI will sign a deal this week or next , which will include shares vwarped at around 1.8 plus product (tungsten) and cash.
Share price being held back so partner or insto can get a good deal.