SPX 9.09% 1.0¢ spenda limited

I have an incling telling me to get in early on the bus for this...

  1. 120 Posts.
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    I have an incling telling me to get in early on the bus for this stock. Been watching the SP past week and there has been some heavy buy in's. I feel maybe people are getting into SPX because of the known shareholders whom have a stake in the company as stated above. I mean there must be a reason why these shareholders have chosen to put their coin in this company. They probably know something the rest of us don't.

    This extract was from their 7 Feb 2018 exploration update of the Whaleshark Pilbara Gold Project. I've bolded the sentence which I found interesting. Hmmm what is this considerable new information that they haven't told us about ... big deposits of gold or other metals?

    Statutory approvals for drilling for drilling based on historic gold-copper intercepts and recently identified electromagnetic anomalies have been drafted. Spectrum expects to make formal applications at the end of current academic desktop reviews during this first quarter of 2018. SPX Chairman Mr Hewlett commented that; “The Whaleshark project potential is progressing well, testament to the company’s exploration philosophy.” “SPX has gained considerable new information on the regional geology and is pleased to have secured the bulk of prospective terrane.”
 
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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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