Fair call that, you raise some good points. At least they didn't get hooked on the latest fad and diversify into battery metals - could you imagine that. So they are in a commodity that appeals to a lot of investors.
SBM have weathered a storm before, they had a near-death experience when they wrote off the Solomon's investment and their sp dropped to 7c. Then they became one of the best performers on the ASX, rising to over $4 from memory. Mind you, that was solely off the back of Gwalia.
The current circumstances are very different- no Gwalia this time around. I may have sounded overly harsh, but with some good management and decision making, this could become a good turn-around story again. But I think they first need to extricate themselves from Atlantic Gold.
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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($) | Vol. | No. |
---|---|---|
33.5¢ | 87007 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 119446 | 0.330 |
15 | 601336 | 0.325 |
15 | 157873 | 0.320 |
9 | 592159 | 0.315 |
11 | 215287 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.335 | 146836 | 19 |
0.340 | 447066 | 12 |
0.345 | 236602 | 10 |
0.350 | 114913 | 7 |
0.355 | 171476 | 6 |
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