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50.0¢ sheffield resources limited

Is Bridge Street wrong or is the market wrong that's the...

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Hiepn2_2005

1,464 Posts.

135

13/02/24

13:14

Post #: 72380322
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Originally posted by AccountCracker: ↑

Ex SFX holder here and recently just bought back in. Take Bridge Street valuation with a grain of salt because they missed every single one of their target prices since 2018 but dead clock is right twice a day. The market needs confirmation that this mine can generate cash. Image, Base, the Zulti South project and Strandline are all running into problems in recent years. Therefore, it will provide a solid base for the existing mines. I guess we have to wait till the March quarter results come out to see the cash flows from the operation. I hope the results are good.

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Is Bridge Street wrong or is the market wrong that's the question.
I think the situation with Stranline is causing people to be cautious, noting Stranline sp was racing ahead leading up to commission.
Is the market wrong in comparing SFX with STA? Time will tell.

SFX Price at posting: 51.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 50.0¢		Change -0.020(3.85%)		Mkt cap ! $196.5M

Open	High	Low	Value	Volume
50.5¢	51.0¢	48.0¢	$120.5K	245.6K

Buyers (Bids)

No.	Vol.	Price($)
2	20000	48.0¢

Sellers (Offers)

Price($)	Vol.	No.
53.0¢	2950	1

View Market Depth

No.	Vol.	Price($)
2	20000	0.480
1	95373	0.475
2	79000	0.470
1	10000	0.450
0	0	0.000

Price($)	Vol.	No.
0.530	2950	1
0.545	40000	1
0.550	144851	3
0.560	8695	1
0.565	16799	1

Last trade - 15.56pm 02/05/2024 (20 minute delay)


Last 49.0¢			Change -0.020 ( 3.01 %)
Open	High		Low	Volume
50.0¢	50.0¢		48.0¢	27271
Last updated 15.29pm 02/05/2024 ?

SFX (ASX) Chart