I think that is a real risk. When, and it is when, broader markets take a tumble, Ag and Au will suffer. However, with SVL, I would not hold out for 5 cents. While possible, it's much more of a company now than when it was down at those levels. Will it drop to 10 cents? This is a very real possibility. I will not wait that long to buy but will DCA in from 13 cents and if it falls below 10cents, then I'll buy more. The main risk I see in the medium term is a cap raise but that will also provide an entry point. My thoughts here are no rush, but stay vigilant.
SVL chart, page-2827
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Last
9.4¢ |
Change
0.001(1.08%) |
Mkt cap ! $141.7M |
Open | High | Low | Value | Volume |
9.3¢ | 9.6¢ | 9.2¢ | $810.2K | 8.649M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 877734 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.4¢ | 171896 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 877734 | 0.093 |
7 | 1150937 | 0.092 |
10 | 746049 | 0.091 |
34 | 1650863 | 0.090 |
11 | 411532 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.094 | 171896 | 1 |
0.095 | 900000 | 6 |
0.096 | 1238511 | 10 |
0.097 | 673194 | 6 |
0.098 | 992766 | 9 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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SVL (ASX) Chart |