I don't know the reason for the heavy selling today, noticed the good gold stocks went up today, the bad ones seemed to have declined. Hopefully it's just investors worried about the qrtly, It may be a bottom, sbm has been declining for weeks and then 10% decline today could mark the end of it.
I can see how investors in the bad gold stocks would have more anxiety about gold technicals than the good gold stocks who won't have a problem if gold declines more, sbm is super leveraged to the gold price.
SBM has bottomed and I am all over it..., page-102
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Last
33.3¢ |
Change
-0.008(2.21%) |
Mkt cap ! $268.0M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.8¢ | 32.5¢ | $653.6K | 1.965M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 116613 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 87007 | 19 |
View Market Depth
| Last trade - 14.45pm 03/10/2024 (20 minute delay) ? |
| SBM (ASX) Chart |