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
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 (20min delay)
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Last
31.0¢ |
Change
0.005(1.64%) |
Mkt cap ! $335.6M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.3¢ | 30.0¢ | $1.160M | 3.784M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7641 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 592434 | 14 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| SBM (ASX) Chart |