SBM 0.00% 20.0¢ st barbara limited

Reasons for price to move north instead of south;1. Gold price...

  1. 57 Posts.
    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?
 
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