On another note, the price finished just above the 200sma daily, so it would be important to watch the high and low of that daily candle, how it reacts around the 200sma and to watch resisistance at 50 and 55. SMN being so illiquid all levels can be violated easily.
Volume. 286k at the 200smn zone. To me the story is unfolding and buying the 50 isn't a bad location. I purchased 50,000. Thats just a trading income position.
Average volume table attached.
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 (20min delay)
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Last
38.5¢ |
Change
0.030(8.45%) |
Mkt cap ! $59.44M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 38.5¢ | 36.0¢ | $36.52K | 97.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2777 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 21999 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| SMN (ASX) Chart |