re: Ann: Presentation on December 2012 Half Y... I saw some targets of around $1400 per oz of gold, who knows if it will hit that level or not. We have had a sideways trade for about 17 months and it won't last forever and gold will come back. There are always two sides to every story and for every sell today there was a buy today.
I would not be surprised to see an increase in substantial holder notice come out, but it has broken support so it could go lower, perhaps as low as 80cents.
Unless there is some insider information on SBM I would think that it is a gold fund rotating out of SBM into something more profitable. Anyone selling at these levels though has to be selling at a loss, I would think and there is an opportunity to load up coming soon.
I will mark it as a hold as the bottom is not in yet.
re: Ann: Presentation on December 2012 Half Y... I saw some...
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Last
23.0¢ |
Change
-0.020(8.00%) |
Mkt cap ! $188.2M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 23.0¢ | $660.7K | 2.816M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 1115888 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 253400 | 3 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| SBM (ASX) Chart |