I think the fall of share price is caused by the following factors (in no particular order). This might be stating the obvious but some people are wondering why it's falling
1. Zinc price going south
2. Major shareholder selling, and people following suit
3. Lower than expected grades and late schedule
4. Not a biggy but stoplosses could have caused an exaggeration in the downswing
There hasn't really been any good news since production started so the market is a bit on edge imo. What we really need is some good news to get this going north again be it a major investor coming aboard or some improved gradings etc.
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I think the fall of share price is caused by the following...
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Last
41.0¢ |
Change
0.005(1.23%) |
Mkt cap ! $77.81M |
Open | High | Low | Value | Volume |
40.5¢ | 41.0¢ | 40.5¢ | $1.248K | 3.044K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 107 | 41.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.0¢ | 3323 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 107 | 0.410 |
3 | 204894 | 0.405 |
4 | 138499 | 0.400 |
1 | 2600 | 0.395 |
1 | 20000 | 0.385 |
Price($) | Vol. | No. |
---|---|---|
0.420 | 3323 | 1 |
0.430 | 36701 | 3 |
0.435 | 21096 | 1 |
0.440 | 111030 | 3 |
0.445 | 156 | 1 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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SDV (ASX) Chart |