Look, I am not one to Gloat, but it was a bit of a fluke. I am lucky, and I was sitting on a really nice profit from the stock and a Big G for it, so will look for a re-entry point soon if things work for me.
I made the call because I have but seen it time and time again with similar ASX stocks. AVZ, CNB, GAL, WR1, 5EA all come to mind. SXG keep announcing massive strikes and the Market just becomes oblivious to it. Alot of profit on the table and market not going up like holders expect. I have been selling for a few weeks. SXG will have a massive resource, but its all timing.
Sorry to holders, I wouldn't off posted unless people said something about my post.
I wasn't expecting that bigger drop, but it has history of this thing happening when it first listed.
Ann: SXG Intersects 14.6m @ 7.3 g/t AuEq INCL. 1.0m @ 73.8 g/t, page-16
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Last
$2.50 |
Change
-0.010(0.40%) |
Mkt cap ! $489.1M | |||
| Open | High | Low | Value | Volume |
| $2.55 | $2.55 | $2.46 | $196.8K | 78.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 640 | $2.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 294 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| SXG (ASX) Chart |