SBM 4.48% 35.0¢ st barbara limited

Heavy volume of selling pressure still outweighing the dip...

  1. 3,000 Posts.
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    Heavy volume of selling pressure still outweighing the dip buyers who came in this morning. I think gold stocks potentially warning of a breakdown in US dollar gold price with the Fed meeting tonight. That is definitely what the heavy volume sellers are thinking anyway.
    SBM don't need more juniors/developers, they need another production source. I expect they will be looking for at least 200koz per year as comments from the CEO previously indicated.

    I wonder when some of these mid-cap local miners are going to venture into Africa. Americas is clearly a trend for Australian companies (per video below) but the quality of assets in Africa is far superior and I think justifies the sovereign risk.

 
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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
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