In the many years during which I have been a holder in SBM, every time that things appear to be improving or hope for an improvement has been on the horizon, they have done something (or failed to do something) which has crunched the SP.
At a time when sovereign risk for foreign-owned miners in PNG is becoming a significant concern, having a CR to invest further funds into Simberi appears to me to be a very high risk strategy, so I'm now out comp0letely and SBM are on my 'never again' list.
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Last
26.0¢ |
Change
-0.010(3.70%) |
Mkt cap ! $281.5M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 25.5¢ | $941.9K | 3.593M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 340671 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 125000 | 2 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| SBM (ASX) Chart |