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
53.5¢ |
Change
0.005(0.94%) |
Mkt cap ! $301.2M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 53.5¢ | 52.5¢ | $327.5K | 617.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 37395 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 195289 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
53.5¢ |
Change
0.005 ( 1.90 %) |
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| Open | High | Low | Volume | ||
| 53.0¢ | 53.5¢ | 52.0¢ | 70701 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| SVM (ASX) Chart |