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
27.0¢ |
Change
-0.010(3.57%) |
Mkt cap ! $292.3M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 27.0¢ | $827.4K | 3.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 625058 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 423783 | 30 |
View Market Depth
| Last trade - 11.46am 31/07/2025 (20 minute delay) ? |
| SBM (ASX) Chart |