It's ultimately up to the profitability. 300koz/year means nothing. SBM was 350koz+ producer up to last year. So what? its market cap has been pathetically dwindling. After this merge, pure SBM SH will only have 1/3 interests in the new company.
RSG produces more than 300koz and its MC is pitiful.
I beileve shutting down overseas assets and make Gwalia profitable with production maintaining at about 170-180koz/year should have good chance to put SBM MC back to $1B even at current POG. After all, major CAPEX has been sunk in to Gwalia.
Don't understand what the major holders think, this is extremely frustrating.
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Last
25.0¢ |
Change
0.010(4.17%) |
Mkt cap ! $204.5M |
Open | High | Low | Value | Volume |
23.5¢ | 25.0¢ | 23.5¢ | $695.0K | 2.892M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 104600 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 696511 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 104600 | 0.245 |
6 | 189208 | 0.240 |
8 | 409960 | 0.235 |
17 | 661382 | 0.230 |
8 | 406184 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 696511 | 15 |
0.255 | 514940 | 9 |
0.260 | 585179 | 15 |
0.265 | 805091 | 14 |
0.270 | 413972 | 17 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
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