Sure, that cash on hand is a big attraction but wait and see how long it takes for them to squander it. They have not done too well in recent years. Poor management of Simberi is but one more example. The fact that MC is less than cash tells you everything about the market's assessment of their ability to manage assets.
Ann: Simberi Q4 Oxide Operations Update and FY24 Guidance Change, page-56
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Last
33.3¢ |
Change
-0.008(2.21%) |
Mkt cap ! $268.0M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.8¢ | 32.5¢ | $653.6K | 1.965M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 116613 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 87007 | 19 |
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| Last trade - 14.45pm 03/10/2024 (20 minute delay) ? |
| SBM (ASX) Chart |