SVM 1.03% 49.0¢ sovereign metals limited

News in Malawi, page-4

  1. 6,037 Posts.
    lightbulb Created with Sketch. 1448
    You are kidding me @butz.

    Maybe I speak only for myself but my holding in SVM and GBE are not total self indulgence.- This impoverished nation at the mercy of corruption from govt all the way down to village chiefs is disgusting.
    These aholes have persecuted their own people for way to long.

    You may think like many - this corruption can work in favor - but at what expense to the people, environment etc. Corruption is everywhere but not on this scale and with so much greed and detriment to the people.

    Can't you see how this corruption over decades has stymied any growth in Malawi and the flow on effects of companies local and international trying to do business there.

    It's not just Muthy - it goes way back - so systemic but it's changing rapidly.

    The SP of SVM if it were in Mozambique would be significantly higher.

    Simple - if for decades corruption was lets say - minimal - Malawi would already have the necessary mining bill - the necessary infrastructure and SVM would be - like the locals - in a far better position.
 
watchlist Created with Sketch. Add SVM (ASX) to my watchlist
(20min delay)
Last
49.0¢
Change
0.005(1.03%)
Mkt cap ! $275.8M
Open High Low Value Volume
49.0¢ 50.0¢ 48.0¢ $113.7K 234.2K

Buyers (Bids)

No. Vol. Price($)
4 41578 47.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 9580 1
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
49.0¢
  Change
0.005 ( 0.00 %)
Open High Low Volume
48.5¢ 49.0¢ 48.0¢ 50127
Last updated 15.50pm 29/03/2024 ?
SVM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.