Good to see SBM come down to settle on the 50SMA on the daily chart after plunging through it.
XAUAUD holding above $1800 so we may see a bounce from these levels today. The last couple of time we’ve been back to test the 50SMA, we’ve bounced so hopefully we’re good today.
IMO the long term prospects for SBM are nearly as good as they get - especially with a 10yr mine plan - so to be trading as such low multiples means there’s tremendous value to be found. I think think forward looking insto funds will pounce on these prices when the dust has settled.
why down 3.8% today( $4.27) ???, page-50
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Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $192.2M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 23.0¢ | $611.5K | 2.606M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 183526 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 828810 | 17 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |