Selling off a bit after such a run would be completely understandable yet SXG demonstrates strong accumulation still. I still don't think the patter matches typical retail buying as that is usually in the spike after news. There has been good volume a few days after news. My guess is pro buyers want positions before more news comes out. I'm thinking it could really catch fire if the next few holes look more and more like Fosterville down deep. Has SXG commented on how deep they have drilled subsequent holes after #50 in that area?
Ann: SXG Adds Third Rig at Sunday Creek, page-85
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 (20min delay)
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Last
$2.73 |
Change
-0.130(4.55%) |
Mkt cap ! $252.7M | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.86 | $2.66 | $551.5K | 200.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4999 | $2.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.76 | 1374 | 3 |
View Market Depth
| Last trade - 11.21am 09/05/2024 (20 minute delay) ? |
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Last
$2.76 |
Change
-0.130 ( 2.84 %) |
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| Open | High | Low | Volume | ||
| $2.82 | $2.82 | $2.67 | 42847 | ||
| Last updated 11.40am 09/05/2024 ? | |||||
| SXG (ASX) Chart |