Scott there is definitely accumulation going on in the 28cps-30cps area and I have observed a few intra-day shenanigans from the big boys when small orders were pushing the price down with large off market orders sweeping up all the stock from weak holders. On a technical level a decending triangle has formed which is quite bullish with accumulation being around the 29cps area and diagonal resistance since the begginning of the recent downtrend. This will be a technically decisive point that we are approaching in the next week or so as I am confident it will either be followed by a strong upward or downward movement.
Fundamentally speaking, SVL is still extremely undervalued as a quick glance of the valuation courtesy of Nathan shows so I am not too concerned about short term movements and will most likely take advantage of them by either topping up or taking some profits. The new resource model coming out in a few months is a major SP catalyst. Imagine what 50M+ oz could do to the SP...
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i smell movement soon., page-80
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Last
9.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $144.7M |
Open | High | Low | Value | Volume |
9.6¢ | 9.7¢ | 9.4¢ | $414.6K | 4.353M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 9.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.6¢ | 713678 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.095 |
9 | 519991 | 0.094 |
10 | 1636397 | 0.093 |
11 | 1707568 | 0.092 |
15 | 771089 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.096 | 713678 | 4 |
0.097 | 1285948 | 6 |
0.098 | 322958 | 5 |
0.099 | 990514 | 5 |
0.100 | 1012861 | 8 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
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