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
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $171.7M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.5¢ | 20.0¢ | $1.033M | 4.950M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 65150 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 926460 | 17 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |