There are two paths that can happen which are good for shareholders, Andrew turns things around (Your thinking) or he sells SBM, sell now probably 100% gain for investors, I would think $300M or more. I am comfortable to hold because I think there is value here and plenty of time for things to happen with their large cash holding, you could do a lot worse out there on the ASX, no I think SBM with cash more than balance sheet and their assets, I think it's safe to even just park money in SBM.
SBM Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)