SBM is now in a similar situation last time when they were at 20 cents. If you buy the shares now, you have depending on how bad the management are able to sell the assets, should be able to sell all assets and return $200M to shareholders, but if gold goes to $3000US in the next few months like some are predicting like ahem David Hunter, SBM could go back to $1. So there are reasons to still buy SBM so that is good for shareholders.
News: SBM St Barbara Says Total Group Gold Production For FY23 Of 260,368 Ounces, page-9
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $181.9M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.8¢ | 22.0¢ | $420.5K | 1.890M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 23435 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 21954 | 3 |
View Market Depth
| Last trade - 15.59pm 24/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |