Does a roughly 5% reduction of production outlook target justifies a 30% drop in Share price? We saw a similar drop from 5.20 to 3.27 in September (although a downtrend spread over several weeks). This is a company with no debt, 350m cash, paying dividend and in the context of a rising gold price. Please explain.
Does a roughly 5% reduction of production outlook target...
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Last
35.0¢ |
Change
0.005(1.45%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 35.5¢ | 34.3¢ | $1.551M | 4.447M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 124478 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 272870 | 12 |
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| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
