if you added after such a slide you got the crap poor report ( last one ) bump as hoped for for suffering shareholders
if I was on the buttons I would be taking the Stella profit on those added and trading like a crazy person to get as much away from this multi year train wreak as possible - there is next to no profitability - has to be more writedowns- poor cash position and no return to div in sight - changing the ceo won’t make a difference to what they have in ground and how they get it out - at this rate they will just flogg off assets to repay increasing debt
good luck- averaging in on this puppy hasn’t been kind all the way down from over 4 as the company has not been turned around and it’s costs are simply increasing and production cannot rise to a level to build capital- nothing has changed Just the ceo imo
SBM Price at posting:
75.8¢ Sentiment: Sell Disclosure: Not Held
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