Australia's largest stock trading and investment forum Australia's #1 stock forum

SBM

Click for more information

0.00%

22.5¢ st barbara limited

Can you please detail how you get to 130kozpa?

First 26 Last

Share
Profile

Follow
bikemad

2,773 Posts.

503

25/08/23

08:48

Post #: 69540722
Share

Originally posted by Gwaihir: ↑

I think you're going to see some M&A action here.

Sure, they have some liabilities, but are still producing 130k ozpa, which will pay for the liabilities, or enable significant write-offs, and not eat too much into their cash holdings.

Those who quote liability figures seem to be precluding production sales.

It may take a year, and some additional management, but it could bounce back.

It would not surprise me if a bid is lobbed for SBM, and as part of the transaction, SBM returns a proportion of current cash to shareholders as a sweetener to accept the bid.

The current share price is silly, and especially when looking at the market cap, but then again, the market is now ruled by A.I. Algorithmic Bots, which makes it more of a casino than ever, and these Bots of course, are run today by the new young stock brokers, most of whom can't read, or write, or spell, or add 2+2. Dumb and Dumber is an understatement. Just look at where Australia rates in the global education space, and that isn't good either.

Gw

Expand

Can you please detail how you get to 130kozpa?

SBM Price at posting: 19.5¢ Sentiment: Sell Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 66 more messages in this thread...

First 26 Last

Add SBM (ASX) to my watchlist

(20min delay)
Last 22.5¢		Change 0.000(0.00%)		Mkt cap ! $184.0M

Open	High	Low	Value	Volume
22.5¢	22.8¢	22.0¢	$443.0K	1.973M

Buyers (Bids)

No.	Vol.	Price($)
25	1501587	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
22.5¢	69764	1

View Market Depth

No.	Vol.	Price($)
25	1501587	0.220
15	631660	0.215
23	759174	0.210
9	201806	0.205
21	350599	0.200

Price($)	Vol.	No.
0.225	69764	1
0.230	425849	8
0.235	634805	7
0.240	435953	10
0.245	507461	13

Last trade - 16.10pm 05/06/2024 (20 minute delay)


Last 22.5¢			Change 0.000 ( 0.62 %)
Open	High		Low	Volume
22.5¢	22.8¢		22.0¢	1137580
Last updated 15.59pm 05/06/2024 ?

SBM (ASX) Chart

SPONSORED BY