My take on this mornings selling is that punters (short term traders) were taking profits on the recent rise and rotating into SVL which today released a presentation to a good forum making it a more attractive short term play.
If so then it will settle around these levels and carry on responding to moves in the silver price.
H
Sell off and SVL presentation
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 (20min delay)
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $26.84M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $70.11K | 588.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 359999 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 190146 | 5 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
11.5¢ |
Change
-0.005 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 11.5¢ | 12.0¢ | 11.5¢ | 533406 | ||
| Last updated 15.58pm 07/06/2024 ? | |||||
| BML (ASX) Chart |