I think payam predict 12-17c is based on prices before the 6 to 1 consolidation. If it got to those levels then one would believe the company is heading for bankruptcy/administration. That's right, anything is possible.
SBM has fallen from 2.40 to 51c (low) in 6-7 months, but appears to be forming a solid base around 55-70c levels. I think it's holding up well at these levels and the recent sharp bounce from 51c to 81c spooked the shorters who then turned on SLR and maybe RSG now. If AUS$ continues to fall and signs are looking ominous, now is a perfect time to accumulate gold producers.
I think payam predict 12-17c is based on prices before the 6 to...
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $163.5M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.8¢ | $687.8K | 3.425M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 278140 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 744228 | 13 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SBM (ASX) Chart |