I think the market is looking at management's history of delivery. Gold stuck in the ground isn't worth much unless you can extract it economically.
If you really want a giggle, look at Leonara results in the GMD quarterly compared to when SBM owned it. Seems someone flicked the faster, cheaper switch over there.
I think the market is looking at management's history of...
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Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $216.7M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.0¢ | 26.0¢ | $1.437M | 5.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 161319 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 120129 | 7 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
26.3¢ |
Change
0.000 ( 1.87 %) |
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| Open | High | Low | Volume | ||
| 27.3¢ | 28.0¢ | 26.0¢ | 2155088 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| SBM (ASX) Chart |