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
-0.005(2.33%) |
Mkt cap ! $171.7M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.8¢ | $551.3K | 2.624M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 52999 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 171494 | 4 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |