Price of gold climbing back, what will be interesting is the VIX and US markets after the Trump inauguration. January 20 or next Aust trading day Jan 23.
I would imagine there will be a mounting fear as Trump parks his feet under the desk, hence we are seeing in advance the increase in POG.
If POG climbs back to $1300US what price SBM? Add in the excellent management by Vassie, slashing debt, even flagging "inorganic growth" for the first time, could well see $3+ in the near future. imo of course.
Price of gold climbing back, what will be interesting is the VIX...
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Last
23.3¢ |
Change
-0.008(3.13%) |
Mkt cap ! $188.1M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 23.0¢ | $216.1K | 920.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 774012 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 168781 | 11 |
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| Last trade - 11.24am 15/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |