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
Add SBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
33.0¢ |
Change
0.005(1.54%) |
Mkt cap ! $270.0M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 35.0¢ | 33.0¢ | $3.529M | 10.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 464135 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 1700 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |