Well, just two years ago, SMB was littered with BUY recommendations and Goldman Sachs' target price was $4.10 (up from $2.30 at the time), see below. Obviously, a lot has changed however 2023 will provide a continual news flow with highlights being the merger by mid-year and the new strategic plan by September. Combined with other tailwinds (even higher GOP, majors are rerating) I can see a lot of upside this year from current levels.
GLTAH
Ann: Notification of cessation of securities - SBM, page-7
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Last
31.5¢ |
Change
-0.015(4.55%) |
Mkt cap ! $259.8M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 31.5¢ | $1.725M | 5.368M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 553250 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 1314081 | 31 |
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| Last trade - 10.57am 11/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |