SMM 0.00% 0.3¢ somerset minerals limited

Has closed at 26c multiple times earlier in 2019. Also much...

  1. 330 Posts.
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    Has closed at 26c multiple times earlier in 2019. Also much higher than 26c a few times shortly after the IPO.
    I understand a) long time ago, b) swings are common after IPO.
    Just stating, yesterday's close was not equal, no close to an all time high close.

    I think 26cents was and still is that resistance point. A close above 26 cents means a lot for the technical traders. I mentioned this at the start of the year when it was in this same pattern. But the stock the fell away... again...
 
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