Welcome aboard. SVL is the highest grade undeveloped silver mine in Australia. Yes the only risk of losing your money is if silver price stays this low for a couple more years and the company goes broke. There are over a billion shares on issue for this company, so it will take some time for the share price to rise slowly in 0.001 increments. But if you believe the silver price will rise (especially in Aussie dollars) then this company should provide good leverage to the underlying silver price.
Hope this helps.
Nug
Risks with SVL?, page-2
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $248.8M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.3¢ | 16.3¢ | $453.3K | 2.689M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 453142 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 265038 | 5 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
17.0¢ |
Change
0.000 ( 3.03 %) |
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| Open | High | Low | Volume | ||
| 16.5¢ | 17.3¢ | 16.3¢ | 855506 | ||
| Last updated 15.56pm 06/05/2024 ? | |||||
| SVL (ASX) Chart |