@ Kalenn - I am inclined to agree with you about how the big boys look beyond the immediate politics and country issues.
The political situation will always be in the background for STM, but what will drive its share price are drilling results, resource upgrades and a potential deal with a major to accelerate the advancement of one (or both) of their assets.
I find the historical performance of SolGold as illustrative in this regard - since 2016, they have had bouts of quite spectacular price appreciation despite coinciding periods of political turmoil and violence. The share price was driven by results and whilst the politics created drag, it was not the overarching focus of the market.
@ Kalenn - I am inclined to agree with you about how the big...
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $45.50M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $4.78K | 360.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3782975 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1866509 | 6 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
-0.001 ( 7.14 %) |
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.3¢ | 1.3¢ | 1032742 | ||
| Last updated 15.05pm 26/04/2024 ? | |||||
| STM (ASX) Chart |