Used today's jump to sell out for a small loss... not sure what's going on with this one, thought it would have rebounded much stronger to the low-mid $2s but decided in the end not to hang around any longer and miss more opportunities elsewhere.
Unglamorous sectors/companies like this one appear to be quite out of favour now, even more so when their future growth and earnings are at risk and costs of doing business are increasing such as the case today for SSM.
Will look to re-enter if there are signs of life with the next market update / report. Perhaps another acquisition can save them.
divergence from ASX, page-4
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Last
$1.38 |
Change
-0.005(0.36%) |
Mkt cap ! $853.0M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.40 | $1.38 | $375.4K | 271.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 12037 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 1081 | 4 |
View Market Depth
| Last trade - 12.49pm 31/07/2024 (20 minute delay) ? |
| SSM (ASX) Chart |