Unfortunately for us shareholders, SBM is a price taker rather than setting the price in any consolidation of Leonora. Management needs to get a grip on operations and start delivering or they have no hope of being the consolidator (their currency is weak and keeps getting weaker). Strong currency is what is needed at this point if as they indicated they want to consolidate Leonora or their competitors who understand the need for strong currency will have the upper hand.
Ann: Quarterly Report Q1 FY23, page-8
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Last
33.8¢ |
Change
-0.003(0.74%) |
Mkt cap ! $278.2M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.8¢ | 33.5¢ | $95.86K | 279.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 295534 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 8263 | 5 |
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| Last trade - 10.20am 03/10/2024 (20 minute delay) ? |
| SBM (ASX) Chart |