I find the selling and sp decline - although minimal at present a little surprising - thought the bottom to be 13.5c but mass panic on markets I guees no one company is immune.
SVM are only in exploration and permitting phase - well positioned with over two thirds of drilling samples currently in a lab awaiting extremely positive results - with further low cost expenditure with exploration/drilling continuing. Not in production - no cash flow being effected and by the time this flu/virus passes SVM will be in a Donald Trump "tremendous" position as mega stimulus will see mega demand.
If I am SYR that's a different scenario with their large graphite operations that had already taken a hit from poor management decisions and selling product to China at lower than cost of production - great opportunity for a takeover by suitor at a very low premium which would be a cruel blow to many holders.
SVM Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)