Why the Strategic Elements (ASX:SOR) share price is rocketin

Why the Strategic Elements (ASX:SOR) share price is rocketing 36% higher today


Why the Strategic Elements (ASX:SOR) share price is rocketing 36% higher today
James Mickleboro | January 20, 2021 12:52pm |
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Strategic Elements Ltd(ASX: SOR) share price has been an exceptionally strong performer on Wednesday.
At one stage today, the technology-focused investment and development company’s shares were up as much as 36% to a record high of 92 cents.
When the Strategic Elements share price hit that level, it meant it was up a remarkable 475% in the space of one month.
So, with 378.4 million shares on issue, this gave Strategic Elements a market capitalisation of ~$350 million.
Why is the Strategic Elements share price rocketing higher?

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