SBM 8.00% 23.0¢ st barbara limited

I don't know the reason for the heavy selling today, noticed the...

  1. 2,934 Posts.
    lightbulb Created with Sketch. 425
    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.
    https://hotcopper.com.au/data/attachments/6259/6259645-f4aa7f353078470b4a655c37b348b8b7.jpg

    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.
 
watchlist Created with Sketch. Add SBM (ASX) to my watchlist
(20min delay)
Last
23.0¢
Change
-0.020(8.00%)
Mkt cap ! $192.3M
Open High Low Value Volume
24.0¢ 24.5¢ 23.0¢ $658.3K 2.806M

Buyers (Bids)

No. Vol. Price($)
2 2215 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 1827 4
View Market Depth
Last trade - 15.59pm 04/09/2024 (20 minute delay) ?
SBM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.