Over the past 2 months it has been trading in a horizontal channel with a bottom at 45c and top at 50.5c.
Since October last year, the SP has been trading in a similar pattern, again sideways albeit more broadly between 60c and 40c.
IMO, the SP is currently still adrift sideways due to the uncertainty about the licensing and business moving forward.
The last two weeks have been on minimal volume waiting for the report to the NICC. If it is good, I would hope we gap up never to return to these lows again. If the news is bad, no telling where the bottom is.
Over the past 2 months it has been trading in a horizontal...
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Last
50.0¢ |
Change
-0.005(0.99%) |
Mkt cap ! $1.434B | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.8¢ | 49.5¢ | $2.152M | 4.302M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 444316 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 143412 | 8 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| SGR (ASX) Chart |