I think the current share market activity reflects a few factors:
1. A cautiousness about how much money SAU will actually get. The gold price has been moving about so hard to be sure. SAU is also cautious about announcing a dividend until it has money in the bank.
2. South Korea political situation. Should not be a major impact on share price, but people looking for a reason not to invest may suggest this. Will be resolved shortly I believe.
3. Price of Gold jitters.
Overall I think the share price has dropped too far and will rebound but probably not until February/March on the back of announcements about such things as dividend and drilling programs.
All of this share price dampening was predicted in a conversation over drinks after the last Shareholders meeting although I can't remember who made the comments, and certainly it was not an official SAU position. A dividend of 4c per share was also suggested/predicted, but once again not by SAU.
Any way I have taken the opportunity to buy a few more on this dip so have put my money where my mouth is. Now I have to wait for it to fly.
Good luck to all
- Forums
- ASX - By Stock
- ION
- High Takeover Probability
High Takeover Probability, page-19
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ION (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $5.444M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $2.141K | 216.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1030595 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 2806886 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 853895 | 0.009 |
5 | 2425000 | 0.008 |
5 | 1291000 | 0.007 |
2 | 333335 | 0.006 |
1 | 300000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 2806886 | 1 |
0.011 | 200000 | 1 |
0.012 | 2335467 | 4 |
0.013 | 500000 | 2 |
0.014 | 581970 | 3 |
Last trade - 14.56pm 21/06/2024 (20 minute delay) ? |
Featured News
ION (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online