I'm not sure if there is any real correlation, but it seems whenever oil prices take a dive, so does SSM. My oil company stocks (STO & WPL) often seem to move in the same direction as SSM on a day to day basis.
There is no logical reason why, they have very little to do with energy, except maintaining pipelines etc. But just something I noticed over the past few months.
The outlook looks good in light of recent events. Any stock with a stable earnings outlook and 4-5% dividend should attract investors.
WHY NO LOVE?, page-4
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Last
$1.26 |
Change
0.005(0.40%) |
Mkt cap ! $769.9M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.27 | $1.25 | $111.5K | 88.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 8709 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 10655 | 19 |
View Market Depth
| Last trade - 13.16pm 09/07/2024 (20 minute delay) ? |
| SSM (ASX) Chart |