What if they had taken a stake in DEG or CHN?
Scattergun is not a mindless investment surely, but a review of info available at the time.
Scattergun does mean that you take minority stakes in a wide range of explorers if you think that they show promise and so pretty much the same approach that is taken by venture capitalists.
Even if only one is a winner, that can be a game changer.
But since 14 out of 15 explorer companies in Australia fail, you cannot expect 100% success. Hopefullly, SBM beat that ratio. It can be done - just look at DGO.
- Forums
- ASX - By Stock
- SBM
- Ann: Presentation to Investor Briefing Webcast
Ann: Presentation to Investor Briefing Webcast, page-30
Featured News
Add SBM (ASX) to my watchlist
|
|||||
Last
25.0¢ |
Change
-0.005(1.96%) |
Mkt cap ! $204.5M |
Open | High | Low | Value | Volume |
25.5¢ | 26.5¢ | 25.0¢ | $1.039M | 4.028M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 758187 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 71900 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 758187 | 0.250 |
12 | 546472 | 0.245 |
7 | 322511 | 0.240 |
5 | 260141 | 0.235 |
11 | 631330 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 71900 | 3 |
0.260 | 701866 | 14 |
0.265 | 1914565 | 17 |
0.270 | 337984 | 10 |
0.275 | 304027 | 8 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
Featured News
SBM (ASX) Chart |
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online