back in for a chuckle! its been a long time since i owned sbm shares...think i had some back in 2013 (just checked - i did @ 26c!!)
is my logic flawed??
1) $197m net cash (no debt) = ~24c p/s
2)- 205GMD @ $1.23 [close today=$252m] /815m distributed to us = ~31c per share
Just these two = 55c per share.....hmmmmour SP is 58c!!!! what am I missing???
no brainer! get the remaining assets and investments just about free (3c!!)
as always, dyor....!
Ann: GMD: Genesis on track to acquire St Barbara Leonora assets, page-24
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Last
29.0¢ |
Change
-0.005(1.69%) |
Mkt cap ! $314.0M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 28.5¢ | $1.949M | 6.718M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 1603620 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 138499 | 4 |
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| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| SBM (ASX) Chart |