SMI 0.43% $1.17 santana minerals limited

Hey team, any thoughts on shorter term price fluctuations here?...

  1. 166 Posts.
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    Hey team, any thoughts on shorter term price fluctuations here? I was looking at selling a portion of my holding on the back of the indicated resource update but got caught out by the early selling in advance of the announcement. Now it looks like algo trades have kicked in and we are trading in a range 1.10 - 1.17, seems to be some manipulation going on (what stock isn’t manipulated on the ASX). Any thoughts on future catalysts i.e. potential takeover? Further resource upgrades? Or reporting? One area I thought they would be sorted is funding provided the share price stays above 1.08 the conversion of options should take care of funding requirements for the next 12 months.
 
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Last
$1.17
Change
-0.005(0.43%)
Mkt cap ! $240.7M
Open High Low Value Volume
$1.20 $1.23 $1.15 $468.5K 396.1K

Buyers (Bids)

No. Vol. Price($)
2 11538 $1.16
 

Sellers (Offers)

Price($) Vol. No.
$1.19 2880 1
View Market Depth
Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
$1.17
  Change
-0.005 ( 0.00 %)
Open High Low Volume
$1.22 $1.23 $1.16 151467
Last updated 15.59pm 21/05/2024 ?
SMI (ASX) Chart
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