This will hit new low soon as many suspected, mgmt will burn the cash in few years. There seems to be no vision in mgmt about how to take it from here. They will just sit on it, will twist the accounting data to look better than it really is. Only saviour could be gold price rally. Sold mine at a huge loss.
Take over seems unlikely with the mines they have?
Ann: FY24 Growth Capital, Production and Cost Guidance, page-14
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Last
33.3¢ |
Change
-0.008(2.21%) |
Mkt cap ! $268.0M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.8¢ | 32.5¢ | $653.6K | 1.965M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 116613 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 87007 | 19 |
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| Last trade - 14.45pm 03/10/2024 (20 minute delay) ? |
| SBM (ASX) Chart |