I'm holding an average of 1.2c myself for the past 6 months.
Spec stocks, particularly mining related ones have been bleeding since end of Q1 this year.
Big money isn't free-flowing like it was in 2016 on specs, particularly with the Dow Jones looking like it's about to do a pretty big 15-25% retrace. If it does end up going that way, even strong specs with good FA will have a really hard time in such a market.
No point being upset at SRN when the spec market as a whole is on shaky grounds. the Market Cap isn't reflective of the fundamentals, I'd argue that it's gotten a lot better since the news that pushed it to 1.8c. Like I keep telling people, this is at the very least another 6 month hold at minimum.
Give SRN a call if you are concerned about something. Particularly if you hold 4M shares worth. Which btw is a crazy amount of shares to hold in a <$10M spec... That's some serious gambling.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.91M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 29272129 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 15616790 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 2047202 | 0.006 |
37 | 22971369 | 0.005 |
18 | 12651088 | 0.004 |
6 | 9377517 | 0.003 |
7 | 8600000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 11505476 | 18 |
0.008 | 4214871 | 9 |
0.009 | 3608054 | 6 |
0.010 | 9379722 | 12 |
0.011 | 3571818 | 3 |
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