I'm impressed how quickly that overhang was dealt with, assuming it was placement stock. Once that XT went through, it was just about all over red rover.
Stocks like this are fantastic, as they have clearly defined milestones that you can position into and wait for the re-rate, as each milestone is checked off.
There's some seriously overpriced mining stocks out there at the moment, trading on either sector hype and/or hot money that will likely exit (along with the sp) at some point, when it comes time for Mr Market to cash the cheques the company's been writing. Still risks here but I don't think SVM fits into that category.
I'm impressed how quickly that overhang was dealt with, assuming...
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Last
82.5¢ |
Change
0.015(1.85%) |
Mkt cap ! $380.9M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 84.5¢ | 80.0¢ | $1.140M | 1.394M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 80.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 6749 | 2 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| SVM (ASX) Chart |
