There are two paths that can happen which are good for shareholders, Andrew turns things around (Your thinking) or he sells SBM, sell now probably 100% gain for investors, I would think $300M or more. I am comfortable to hold because I think there is value here and plenty of time for things to happen with their large cash holding, you could do a lot worse out there on the ASX, no I think SBM with cash more than balance sheet and their assets, I think it's safe to even just park money in SBM.
Ann: Quarterly Report Q1 FY24, page-37
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Last
33.0¢ |
Change
-0.010(2.94%) |
Mkt cap ! $270.0M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.8¢ | 32.5¢ | $847.7K | 2.553M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99998 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 83653 | 10 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| SBM (ASX) Chart |