Australia's largest stock trading and investment forum Australia's #1 stock forum

SVG

Click for more information

0.00%

3.6¢ savannah goldfields limited

Again, definite yes vote, but, I'm sticking to my last post, I'm...

First 41 Last

Share
Profile

Follow
gassed

21,331 Posts.

2082

05/10/22

10:50

Post #: 64036862
Share

Originally posted by gassed: ↑

Very solid opening this morning that cleared away a few more sellers.
docmin24. I won't be doing much commenting until there is some more definitive news viz. grades, rate of treatment etc, but, I do want to go on record that, IMO, the ONLY, issue, which I belive will be temporary, is how the SP will look after the consolidation and all of those confirmations and new issues, as to how the market will "calculate" that into the Market Cap and the SP. It "could" be messy,
It's a lot to take in and the mitigating factor will be more technical developments and results, as above, that will make those "calculations" easier.
But, SB has his baby and is VERY deeply involved, so, with what we see, it now all depends on those figures and how the grades and throughput are maintained and, hopefully, increased.
But, I do see what docmin24's is thinking, I just think that SB will also have seen them and will address them for all to benefit in the long run.

Expand

Again, definite yes vote, but, I'm sticking to my last post, I'm waiting to see the market reaction next week when it's post consolidation before determining a sentiment.

LNY Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Talking Australia's very competitive property landscape: Realty Talks

ABY

Adore Beauty FY24 revenues up 7.4% YoY to $196M

AI stocks: What to expect in 2024-25

ASX Market Open: Aussie futures fall on overall weak night in the US

AMI

First stope ore could be pushed back to Q2 FY25 due to flood-like event: Aurelia

There are more pages in this discussion • 1 more message in this thread...

First 41 Last

Add SVG (ASX) to my watchlist

(20min delay)
Last 3.6¢		Change 0.000(0.00%)		Mkt cap ! $10.11M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	52421	3.4¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	6177	1

View Market Depth

No.	Vol.	Price($)
1	52421	0.034
1	60057	0.033
1	19500	0.026
2	175000	0.025
1	200000	0.024

Price($)	Vol.	No.
0.036	6177	1
0.037	167279	1
0.039	13751	1
0.040	50000	1
0.045	100000	1

Last trade - 16.12pm 18/07/2024 (20 minute delay)

SVG (ASX) Chart

Day chart unavailable