Yesterdays drop was purely to do with sentiment in China.....and metals prices. Once that changes S32 will see $5 again. No point in head scratching what the company is doing wrong. Like any mining stock, S32 are price takers and at the mercy of metals prices. Actually, as I'm writing this, I'm thinking people are saying "why are you stating the obvious?!"
Anyway just sayin...
sit back and take the dividend until SP moves. No other analysis needed on this sound price taker!
$3 Party, page-114
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Last
$3.70 |
Change
-0.070(1.86%) |
Mkt cap ! $16.75B | |||
| Open | High | Low | Value | Volume |
| $3.72 | $3.78 | $3.68 | $59.56M | 16.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 640198 | $3.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.72 | 41786 | 3 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| S32 (ASX) Chart |