Reasons for price to move north instead of south;
1. Gold price seems to have consolidated around current levels - stock will move as and (not if) when the gold price does
2. Recent placement to instos at 60c - would be very surprised at the price staying below this on that fact alone
3. Money raised from placement - no ann. of what this is for as yet - chances are it is positve for share price
There are 3 reasons - so what is (are) your reason(s) for price to go down?
still sub 60c, page-9
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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 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SBM (ASX) Chart |