The SBM SP has been far too bearish IMHO, almost priced for pessimism, and a very pessimistic projection for the POG.
IMHO the POG will continue its inexorable rise despite a bullish recovery in the broader economy continuing.
SBM has great assets that are undervalued IMHO based on Gwalia and Atlantic Gold not being fully realized.
But the SP is priced ridiculously, almost assumes that everything SBM becomes a mess which IMHO is now highly unlikely.
Anything below $4 AUD is market irrationality, time for it to run to the bullish resistance of $4 IMHO but pls DYODD.
Sbm should be $4, page-3
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Last
25.5¢ |
Change
0.010(4.08%) |
Mkt cap ! $208.6M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.5¢ | 25.5¢ | $1.383M | 5.339M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 405916 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 325639 | 10 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| SBM (ASX) Chart |