most share holders know what drives the profits and the share price of SDI ie. the price of silver and the aussie dollar .......
silver is at $16.00 - half of what it traded at not that long ago, and the $A is currently at $86.00.... and the long term trend for both is down........
the chart below shows how the low price of silver and the $A can significantly increase the value of the SDI share price .... I am personally loaded up, just waiting for something to spark it off.......
I could not find a chart for silver, so have used gold, and since they move very approximately in tandem its chart serves my purpose here...
my view is that since both silver and the $A are now trading lower than they were in dec / jan 2013 / 2014 then SDI should be trading in the order of 80c.
some might think I am ramping here, but from the chart below, I think that 80c. is a reasonable assumption - gk
share price due for a rise
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Last
$1.11 |
Change
0.000(0.00%) |
Mkt cap ! $111.1M | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.11 | $1.11 | $11.45K | 10.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 818 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 7231 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| SDI (ASX) Chart |
