Maybe big investors can make more money now in non-gold stocks and while the fun lasts, probably only pouring some of the profits in gold stocks right now, which seem to me dirt-cheap atm imo?
But once the panic really sets in again among the plebs, they will let them run like hell....and again pocket big profits. I guess, retail investors just have to sit tight and be patient (and buy while they are cheap).
I can't see why SBM wouldn't reach 5$ again in the not too distant future. The market is as unpredictable as an earthquake on a beautiful spring day.
$3.90 valuation by GS updated, page-21
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Last
31.0¢ |
Change
0.005(1.64%) |
Mkt cap ! $283.0M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 31.5¢ | 29.8¢ | $3.224M | 10.54M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 1016378 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 364317 | 33 |
View Market Depth
| Last trade - 15.26pm 13/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |