no, for starters sp is driven by trades not directly related to what they have,. influencd by what they have i would say.
the market decides what its worth by buying and selling finding an equilibrium at anyone point in time as to what the market feels comfortable trading it at.
and to be honest with 100,000 oz of au the market wouldn't be tripping over themselves to buy GSM.
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.073M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $50 | 4.545K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1821133 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 644417 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1821133 | 0.010 |
6 | 1252924 | 0.009 |
5 | 870070 | 0.008 |
3 | 714250 | 0.007 |
3 | 914950 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 644417 | 2 |
0.012 | 288293 | 2 |
0.013 | 220000 | 2 |
0.014 | 211428 | 4 |
0.015 | 883465 | 2 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
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GSM (ASX) Chart |