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
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $163.5M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.5¢ | 19.0¢ | $977.6K | 4.931M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 1564779 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 155528 | 2 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| SBM (ASX) Chart |