IMO, last quarter's extreme high cost production is an abnormal one, and abnormal one can not last long, neither in good case nor bad case. During march quarter, the company burned roughly 11 million dollars. Based on 60 million cash the company is holding, even it continues operating like March Quarter, it still can survive another one and half year. During the 1.5 year, nothing positive will come out from the company's reserve?
hmmm almost ready to buy, page-2
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $204.5M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 25.0¢ | $740.6K | 2.831M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 320014 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 178111 | 12 |
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| Last trade - 10.50am 26/08/2024 (20 minute delay) ? |
| SBM (ASX) Chart |