@wegian
below is Wegian's post from 2/22 - except for the intervening loss of $2 per share, he may be right !
At an AISC of $3600, their gold nets A$100 per oz, so even incorporating their newly announced 2.8moz reserves, still comes out with a valuation of nil.
Still only worth their cash and even then we know what they're gonna do with it.
If you're not in.....AVOID like the plague!
Wazz
Guys I just bought into SBM as believe it or not thus stock has bottomed and is getting ready for a major reversal...
I'm expecting months of uptrend starting next month and have had this confirmed by a major BUY signal (yellow arrow) on my chart.
My chart is the monthly timeframe which is supported by very bullish lower timeframes.
I believe we are going to see a gold Rush which is due to finishing resources and global instability.
My chart below expecting to see lovely bold green buy candles for the coming months.
I love buying the bottoms it's a hobby of mine.
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@wegianbelow is Wegian's post from 2/22 - except for the...
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Last
23.0¢ |
Change
-0.005(2.13%) |
Mkt cap ! $188.2M |
Open | High | Low | Value | Volume |
23.5¢ | 24.0¢ | 23.0¢ | $474.8K | 2.022M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 853701 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 105454 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 773551 | 0.230 |
7 | 341522 | 0.225 |
11 | 413265 | 0.220 |
6 | 244479 | 0.215 |
9 | 477688 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 50000 | 1 |
0.240 | 86553 | 3 |
0.245 | 386757 | 6 |
0.250 | 587730 | 16 |
0.255 | 552339 | 5 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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SBM (ASX) Chart |