I have the same view butz - 9.5 is cheap - we haven't even reached previous high of 15.5 after all the progress throughout 2019 and the rutile has a current value of zero according to the market.
chairman appears to think the same with his purchase otherwise he would have waited - then participated in the next capital raise as he has committed and purchased before. Announcements imminent in my view - significant ones that will boost sp then a capital raise to continue development of both projects throughout 2020 - unless there is a suitor for a takeover.
Whatever the case SVM are de risking - progressing - becoming more valuable by the month.
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Last
50.5¢ |
Change
-0.005(0.98%) |
Mkt cap ! $284.3M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 50.0¢ | $146.6K | 290.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 46260 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 21165 | 3 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
50.5¢ |
Change
-0.005 ( 0.98 %) |
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| Open | High | Low | Volume | ||
| 51.0¢ | 51.0¢ | 50.5¢ | 53822 | ||
| Last updated 15.46pm 07/05/2024 ? | |||||
| SVM (ASX) Chart |