SBM 2.56% 20.0¢ st barbara limited

New holder here. I just got in near the day's low. IMO the...

  1. 127 Posts.
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    New holder here.

    I just got in near the day's low. IMO the current price offers a sound risk/reward ratio now for a long-term hold. In fact, 2.89 is still a valid target for a short-term trade (15% gain).

    Three sharp sell-offs and a 50% decline within the past 3.5 months looks overdone. Only Mr Market knows if it's over but I think the ferocity of the selling should settle around here.
 
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20.0¢
Change
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Mkt cap ! $163.5M
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19.0¢ 20.5¢ 19.0¢ $977.6K 4.931M

Buyers (Bids)

No. Vol. Price($)
34 1564779 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 155528 2
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Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
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