yes brendan, that is disappointing. Perhaps the buying earlier in the week was in anticipation of some IP results and when they didn't arrive the sellers jumped out to seek other opportunities elsewhere in the market.
At the present time there are opportunities everywhere for resource speculators, so companies need to work really hard to keep shareholders interested. Sometimes ongoing potential is not enough. SBR management have always been proactive and professional with their announcements to shareholders, so I'm sure if the results are positive they will rush them out.
The hard parts are those times when there is nothing to announce and shareholders tend to cling to anything that sounds like a reasonable theory, or in most cases the market activity, which in SBRs case has been quite flat and uninformative. Negative feelings tend to abound and I certainly find myself (the nearer we get to results) questioning my position.
A late sell down (albeit small) on a Friday does not help remove those negative concerns over the weekend. I'm one of those people who need to know the truth - even if it is not what I was hoping for.
Now let's get back to some positivity and eagerly await the long promised SBR results, both IP and drilling!
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.501M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $432 | 30.89K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 454023 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 119108 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 454023 | 0.013 |
3 | 276923 | 0.012 |
3 | 418726 | 0.011 |
3 | 422818 | 0.010 |
2 | 495000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 119108 | 1 |
0.015 | 404929 | 2 |
0.018 | 187001 | 1 |
0.020 | 78442 | 3 |
0.021 | 57008 | 1 |
Last trade - 10.27am 05/09/2024 (20 minute delay) ? |
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SBR (ASX) Chart |