Pre-market: SUH.AX down 11.63% on ASX, price A$0.038: What traders watch

Pre-market: SUH.AX down 11.63% on ASX, price A$0.038: What traders watch

SUH.AX stock opened the ASX pre-market down 11.63%, trading at A$0.038 after an early bid washout that pushed volume to 269,830 shares. Southern Hemisphere Mining Limited (SUH.AX) is the day’s top loser on the ASX basic materials list, reversing a recent 5-day gain. This note breaks down the drivers behind the move, valuation metrics, technical setup, and our model forecast for short and medium terms.

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