I believe SVM is being very smart here. This financing should get them through the 90 days after delivery of the DFS where RIO can exercise their rights. The SP has been pushed higher by Sprott's top up to some degree, so it was actually not a bad time to take the hit.
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SVM
sovereign metals limited
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0.69%
!
73.0¢

SVM placement, page-5
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Last
73.0¢ |
Change
0.005(0.69%) |
Mkt cap ! $472.2M |
Open | High | Low | Value | Volume |
74.0¢ | 76.5¢ | 72.5¢ | $588.2K | 793.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 8427 | 73.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
74.5¢ | 6581 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 809 | 0.730 |
5 | 22791 | 0.725 |
3 | 23076 | 0.720 |
1 | 9420 | 0.715 |
3 | 57480 | 0.710 |
Price($) | Vol. | No. |
---|---|---|
0.745 | 6581 | 1 |
0.750 | 19935 | 1 |
0.755 | 24844 | 1 |
0.760 | 15000 | 1 |
0.770 | 9860 | 3 |
Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
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SVM (ASX) Chart |