@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.
- Forums
- ASX - By Stock
- SBM has bottomed and I am all over it...
@wegianbelow is Wegian's post from 2/22 - except for the...
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SBM (ASX) to my watchlist
(20min delay)
|
|||||
Last
33.5¢ |
Change
0.005(1.52%) |
Mkt cap ! $274.1M |
Open | High | Low | Value | Volume |
33.0¢ | 34.0¢ | 32.0¢ | $1.179M | 3.570M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 103017 | 33.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 745273 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 103017 | 0.335 |
4 | 411725 | 0.330 |
7 | 278234 | 0.325 |
5 | 155423 | 0.320 |
11 | 730361 | 0.315 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 745273 | 22 |
0.345 | 1067956 | 5 |
0.350 | 87848 | 4 |
0.355 | 152726 | 5 |
0.360 | 174866 | 9 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
SBM (ASX) Chart |