Looks like a symbolic placement to me.
They are not low on money and 2 mil is but a symbolic gesture to exploit contacts it seems.
Probably Sprott if bringing some contact that would facilitate a large graphite deal ?
9 cents is not too bad on the current trading given that Middlemas average is 11 cents for over 500K
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SVM
sovereign metals limited
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0.75%
!
67.0¢

Looks like a symbolic placement to me. They are not low on money...
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Last
67.0¢ |
Change
0.005(0.75%) |
Mkt cap ! $430.2M |
Open | High | Low | Value | Volume |
67.0¢ | 67.0¢ | 66.0¢ | $84.09K | 125.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 18259 | 66.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
67.0¢ | 100828 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 10900 | 0.665 |
4 | 37500 | 0.655 |
17 | 197558 | 0.650 |
4 | 11810 | 0.645 |
5 | 115110 | 0.640 |
Price($) | Vol. | No. |
---|---|---|
0.670 | 98587 | 2 |
0.685 | 800 | 1 |
0.690 | 186901 | 2 |
0.695 | 11638 | 1 |
0.700 | 33780 | 3 |
Last trade - 10.07am 11/09/2025 (20 minute delay) ? |
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SVM (ASX) Chart |
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