It will be "Ouch" if the chairman sells the shareholders out to Genesis and you are right that SBM is massively undervalued right now.. SBM is waiting on tailings approval from authorities in Canada which will de risk the operation considerably. I think they will get the approval as it will cost that area more that 350 jobs that they cannot afford to lose. That would take them through to end 2023 and in that time SBM could work on getting the approvals for the other mines. I'm hoping some of the larger shareholders see it the same way. There is always stuff going on behind the scenes.
Ann: Discussions regarding consolidation of the Leonora Province, page-10
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Last
24.5¢ |
Change
-0.015(5.77%) |
Mkt cap ! $204.4M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 24.5¢ | $935.5K | 3.729M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 237428 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 478799 | 23 |
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| Last trade - 13.00pm 03/05/2024 (20 minute delay) ? |
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Last
24.5¢ |
Change
-0.015 ( 3.92 %) |
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| Open | High | Low | Volume | ||
| 25.8¢ | 25.8¢ | 24.5¢ | 1845359 | ||
| Last updated 13.22pm 03/05/2024 ? | |||||
| SBM (ASX) Chart |