Goldnerd,
I whole heartedly agree with your maths and observations.
SBM is currently holding around $257 Million in investments plus the gold mines.
SBM is currently valued at least $.314 and trading at 0.195
Chart also suggests another rally up through the SMA. after a bottoming out,
Gold seems to have also bottomed out after inflation figures have some effect.
SBM is certainly a very different gold company than it once was. But the cash is certainly a big attractor.
GLTAH
Ann: Board Renewal Update, page-19
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Last
33.5¢ |
Change
0.005(1.52%) |
Mkt cap ! $274.1M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 34.0¢ | 32.0¢ | $1.179M | 3.570M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 103017 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 745273 | 22 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SBM (ASX) Chart |