Well there is a $50M-$100M raising coming soon (yep another) and you should keep in mind what the instos do before they get their hands on cheap shares, they dump some of what they already have at higher prices.
Some of the drop in price is in sympathy of the gold price pulling back but certainly allot has to do with the fund managers in the purple circle cashing to buy back in lower via the placment.
i am bullish on sbm because..., page-2
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Last
21.0¢ |
Change
-0.015(6.67%) |
Mkt cap ! $179.9M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.0¢ | $357.6K | 1.656M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 1411539 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 441856 | 18 |
View Market Depth
| Last trade - 12.49pm 25/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |