On or about the 16th December, SBM will likely be dropped from the ASX300 and the GDXJ - this could see a massive turnover and new SP lows ( ??? ) RED has substantial internal organic growth prospects, and while its KOTH mill, with its built in capacity for production expansion, is seen by many as a natural consolidation hub for the Leonora district, SBM is a curates egg, and RED definitely doesn't need a bundle of problems that will come with M&A involving SBM .... IMHO.
SBM....potential takeover target?, page-48
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Last
21.0¢ |
Change
0.015(7.69%) |
Mkt cap ! $171.7M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.0¢ | $2.213M | 10.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 361025 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 1595913 | 23 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SBM (ASX) Chart |