SBM has some hedging so who cares if gold drops. The thing is it'll be a 500,000 ounce producer soon, and its market cap is so tiny.
I think $1-2 range by the end of the year is likely. You have to be in it to win it.
By then way, gold can just as easily go up $20-30 tonight, your short will be terminated ehheheh
instos picking up cheap shares, page-3
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Last
21.8¢ |
Change
-0.008(3.33%) |
Mkt cap ! $181.9M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.5¢ | $452.2K | 2.069M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 839806 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 427718 | 19 |
View Market Depth
| Last trade - 12.55pm 22/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |