SBM 0.00% 32.5¢ st barbara limited

If the market crashed on Tuesday..., page-3

  1. 2,271 Posts.
    lightbulb Created with Sketch. 239
    Haha. Didn't mean to jinx the market. It's just a hypothetical.
    (Or not?)
    http://investmentresearchdynamics.com/a-liquidity-crisis-hit-the-banking-in-september/

    The commonly understood idea is that if the market crashes then gold will immediately surge. But a market crash sucks value, cash and liquidity out of people's (and institution's) accounts. People can be so busy losing money that buying a heap of gold might be the last thing they're thinking about. 2 weeks later, maybe. It's the world's oddest commodity. As a store of value it doesn't have much value in the real world. In a way, it's a fiat commodity. It relies on people's belief in its value. Interestingly, the people onsite at SBM aren't gold bugs at all. They were quite disparaging of it (the people I asked). I spent some time on site..
 
watchlist Created with Sketch. Add SBM (ASX) to my watchlist
(20min delay)
Last
32.5¢
Change
0.000(0.00%)
Mkt cap ! $233.2M
Open High Low Value Volume
33.0¢ 33.0¢ 32.3¢ $261.8K 803.9K

Buyers (Bids)

No. Vol. Price($)
17 111335 32.5¢
 

Sellers (Offers)

Price($) Vol. No.
33.0¢ 399568 23
View Market Depth
Last trade - 12.40pm 04/12/2024 (20 minute delay) ?
SBM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.