Haven't done the maths of SBM's operation recently enough to say off the top of my head whether it's a good deal or not, though I suspect that in theory we're swapping the shares in one undervalued miner for another undervalued miner, given that the whole sector seems relatively undervalued given POG.
roughly, as far as I can tell: SBM produces 330koz yr at ~$650 cost. Market cap 700m so arguably trading on an even lower multiple than ALD.
Highly superficial first response: I like it.
Opinion subject to change without notice.
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Last
$28.35 |
Change
-0.290(1.01%) |
Mkt cap ! $6.824B |
Open | High | Low | Value | Volume |
$28.70 | $28.85 | $28.34 | $12.16M | 425.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 748 | $28.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$28.36 | 84 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 597 | 28.420 |
5 | 2413 | 28.410 |
9 | 2353 | 28.400 |
3 | 629 | 28.390 |
4 | 820 | 28.380 |
Price($) | Vol. | No. |
---|---|---|
28.430 | 19 | 1 |
28.440 | 1446 | 14 |
28.450 | 641 | 6 |
28.460 | 1269 | 6 |
28.470 | 2564 | 7 |
Last trade - 12.37pm 21/10/2024 (20 minute delay) ? |
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