Australian (ASX) Stock Market Forum

SNU - Southern Uranium

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Halba said:
I sold my SAU a few days ago @ 63c. Lets see where SNU opens..iap 44 very poor
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I'm out as well but for a 150% profit, very poor? lol you must really make a killing if 150% stag for a 1 month IPO is 'very poor'

With 115m shares at 45c companies mkt cap = $50m+

Thats a bit much for a junior explorer.
 
YOUNG_TRADER said:
I'm out as well but for a 150% profit, very poor? lol you must really make a killing if 150% stag for a 1 month IPO is 'very poor'

With 115m shares at 45c companies mkt cap = $50m+

Thats a bit much for a junior explorer.
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Agree young T. Your analysis on this one is right. Look at ERN for peer comparison, mkt cap $55m but its got historical drills.
 
YOUNG_TRADER said:
I'm out as well but for a 150% profit,
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Good work YT. Well done to those that got in. These U listings have been a dream the past 2 years. Why would you NOT try to get into these things, no matter what they have. Have any failed?
 
kennas said:
Good work YT. Well done to those that got in. These U listings have been a dream the past 2 years. Why would you NOT try to get into these things, no matter what they have. Have any failed?
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AEE was a flop, shortly after Toro.
It floated i think at a small discount of a few cents to the offer price.

But overall, risk/returns with U floats are great.

LOL agree YT Halba must make a killing:
I'm out as well but for a 150% profit, very poor? lol you must really make a killing if 150% stag for a 1 month IPO is 'very poor'
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So does everyone think it has run it's race. I bought into MTN twice., purely because of interest from Talbot and Cal. MTN has been good to me. SNU, me thinks may be worth a punt for the same reason - now at 29c. Any thoughts?
 
Have also been tracking this one. Dipped down to 25s or thereabouts. Anyone else there think it is getting to the point of parting with some cash on it??

:(:(
 
yeah! I bought at .29c. I'm sitting on it, think (hope) it will hit a high. It seems steady at 24-25cents.
 
Announcement Today, Good News.
SNU Assigned Rights to Northern Territory Uranium Projects.
I bought some this morning just on a whim at 21c before the news. Hope to see some positive results.
 
Yes nice jump today. Good enough in fact to stop me out at 23c having bought in a decent level at 19.5 around 2mths ago. Have always treated this one warily and am happy to be out with profit. I kind of suspect that it might sneak higher if the good news gets out to a wide enough audience and I'm relatively confident that there are good times ahead but now that I'm out, I think I'll watch this one from the safety of the grandstand!!

Good luck to SNU holders....
 
golfmos123 said:
Yes nice jump today. Good enough in fact to stop me out at 23c having bought in a decent level at 19.5 around 2mths ago. Have always treated this one warily and am happy to be out with profit. I kind of suspect that it might sneak higher if the good news gets out to a wide enough audience and I'm relatively confident that there are good times ahead but now that I'm out, I think I'll watch this one from the safety of the grandstand!!

Good luck to SNU holders....
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Looks like history repeated.
This thread was not even visited by any one since mid 2007. Why no one loves this specie ? unbeleiveable.:rolleyes:

Any way SNU got a speeding ticket today .

I bought it by sheer fluke and nice to see the green .
 

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