Found this out last night and bought my first holding here.
SBM investments and cash together should be valued well over $300m I thought - actually even more given where Gold prices are at.
Rough component value
1. Cash $214m
2. Equity investments - from 1H Report = $26m
3. Value of gold stock - at least $40m
Total value = $280m and the market value is 818m x .24 = 196m.
must be one of the most undervalued gold producers on ASX!
Found this out last night and bought my first holding here. SBM...
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 (20min delay)
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Last
28.0¢ |
Change
0.005(1.82%) |
Mkt cap ! $229.0M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.5¢ | 27.0¢ | $1.548M | 5.613M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 302396 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 66404 | 5 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
27.8¢ |
Change
0.005 ( 0.95 %) |
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| Open | High | Low | Volume | ||
| 27.5¢ | 28.5¢ | 27.0¢ | 2793929 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
| SBM (ASX) Chart |