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
22.5¢ |
Change
-0.010(4.26%) |
Mkt cap ! $184.0M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.5¢ | $604.4K | 2.629M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 989580 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 139390 | 5 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
22.5¢ |
Change
-0.010 ( 4.70 %) |
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| Open | High | Low | Volume | ||
| 23.5¢ | 23.5¢ | 22.5¢ | 744860 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| SBM (ASX) Chart |