I know the answer to your question, which is *nobody* (knows what's driving the selloff).
so not much value in asking. But in this place, we will all speculate.
i favour the 'buy the rumour, sell the news' trend. But nobody knows the *timing* of DomGas so once it nears, price might froth a bit.
others in this place want a slew of exploration announcements.... almost a Pavlov's dog effect. But I see these as short term sugar hits.
for me, regardless of the fact that walyering is small fry compared to SE and WE, I want to see the STX BDM crew getting ink on paper for the remaining 40% of uncontracted supply, which bolsters revenue, which improves the balance sheet, the PE ratio, future funding activity, etc etc.
For me, that's the signal I'm wanting. DomGas, se results etc are all extras.
but I'm not perturbed by the selling, and the sustained effort behind it. This could not be sustained in the face of operating profits....
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Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $572.1M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 19.0¢ | $1.339M | 6.792M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 674181 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 741329 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 510321 | 0.195 |
49 | 2445436 | 0.190 |
19 | 1052674 | 0.185 |
26 | 1131067 | 0.180 |
7 | 139258 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 138218 | 4 |
0.205 | 839448 | 4 |
0.210 | 3926440 | 15 |
0.215 | 944882 | 13 |
0.220 | 1241001 | 18 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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