I feel we are going through a consolidation phase in Gold sector which should see POG descend gradually to about $1200 and stay there for a good while.
In that case this will send some Co.'s belly up and leads to all types of activities amongst others in one form or another (ie capital raising M&A etc) and in the end some companies emerge even stronger.
(putting aside wars and natural disasters and so on...)
What do you thing SBM's share would be trading at if POG goes as low as $1200 at today's exchange rates?
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- what if pog reaches 1200?
I feel we are going through a consolidation phase in Gold sector...
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Last
24.5¢ |
Change
0.035(16.7%) |
Mkt cap ! $200.4M |
Open | High | Low | Value | Volume |
22.0¢ | 24.5¢ | 21.8¢ | $2.535M | 10.81M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.5¢ | 927311 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.240 |
12 | 294134 | 0.235 |
15 | 981898 | 0.230 |
4 | 104534 | 0.225 |
9 | 450393 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.245 | 927311 | 17 |
0.250 | 816407 | 24 |
0.255 | 373218 | 9 |
0.260 | 201039 | 10 |
0.265 | 305927 | 7 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
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SBM (ASX) Chart |