SBM 1.41% 35.0¢ st barbara limited

Ann: Quarterly Report Q1 FY24, page-11

  1. 2,132 Posts.
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    Funny you bring them up. Was looking closely at pnr after production and grade update earlier in the month but didn't like the follow up volume so didn't take a position, the chart didn't agree with the update. Today it's trading 25% lower then update (5th oct). In contrast, catalyst metals as a polar opposite example, monthly green volume compared to price at historical support, month over month increase. No fundamental information released to support this just the market pricing in the probability for out performance. Awaiting company update to confirm TA. One way or another it will either be a buy or dodge the bullet and move onto the next one.
 
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