What sort of company, with a successful mine, buys two overvalued, debt-ridden mines widely separated from its original holdings? An utter disaster. I have been following the saga for quite a while, wanting to buy if they could improve the PNG and Solomon mines, but never saw any sign of it.
Bets on whether they will divest these mines, possibly in a sale (NCM might be interested!), IPO or hiveoff in a separate company to hapless shareholders? At least the old SBM would probably be profitable if they offloaded much of the debt.
pmd
- Forums
- ASX - By Stock
- SBM
- Ann: Gold Ridge Operations Suspended
Ann: Gold Ridge Operations Suspended , page-3
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SBM (ASX) to my watchlist
|
|||||
Last
24.3¢ |
Change
0.003(1.04%) |
Mkt cap ! $200.4M |
Open | High | Low | Value | Volume |
23.5¢ | 24.5¢ | 23.5¢ | $481.4K | 2.029M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 369009 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.5¢ | 215377 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 369009 | 0.240 |
16 | 562089 | 0.235 |
23 | 736902 | 0.230 |
15 | 485751 | 0.225 |
19 | 440749 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.245 | 215377 | 16 |
0.250 | 495951 | 13 |
0.255 | 499121 | 13 |
0.260 | 537042 | 18 |
0.265 | 880912 | 17 |
Last trade - 11.59am 03/09/2024 (20 minute delay) ? |
Featured News
SBM (ASX) Chart |