What sort of company, with a successful mine, buys two overvalued, debt-ridden mines widely separated from its original holdings? An utter disaster. I have been following the saga for quite a while, wanting to buy if they could improve the PNG and Solomon mines, but never saw any sign of it.
Bets on whether they will divest these mines, possibly in a sale (NCM might be interested!), IPO or hiveoff in a separate company to hapless shareholders? At least the old SBM would probably be profitable if they offloaded much of the debt.
pmd
What sort of company, with a successful mine, buys two...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $171.7M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.8¢ | $551.3K | 2.624M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 52999 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 171494 | 4 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |