I'm not sure if there is any real correlation, but it seems whenever oil prices take a dive, so does SSM. My oil company stocks (STO & WPL) often seem to move in the same direction as SSM on a day to day basis.
There is no logical reason why, they have very little to do with energy, except maintaining pipelines etc. But just something I noticed over the past few months.
The outlook looks good in light of recent events. Any stock with a stable earnings outlook and 4-5% dividend should attract investors.
WHY NO LOVE?, page-4
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Last
$1.36 |
Change
-0.035(2.51%) |
Mkt cap ! $839.2M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.37 | $1.34 | $714.6K | 525.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 23662 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 38491 | 29 |
View Market Depth
| Last trade - 15.29pm 02/08/2024 (20 minute delay) ? |
| SSM (ASX) Chart |