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
0.015(4.48%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 35.0¢ | 33.5¢ | $1.761M | 5.126M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 62700 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 119395 | 9 |
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| Last trade - 16.10pm 21/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
