SMY sally malay mining limited

last 4 trading days, page-5

  1. 5,428 Posts.
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    SMY will trade ex div from tomorrow but imo this will not change the current momentum. The sp graph correlates with the nickel price so if nickel keeps going up I expect SMY will follow.

    In any event, the punters will want to be taking profits b4 the end of the week so I'm expecting a bit of a dip by then.

    I say SMY will rise 20c tomorrow and 15c on Thursday then fall back to around $5 on Friday. If nickel keeps rising then SMY will break through $6 by the end of the year. (Disclaimer: My sp predictions are almost always wrong!!!)
 
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Currently unlisted public company.

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