The problem with rose tinted glasses people make irrational and just dumb statements without actually considering what is said and arguing their point.
Some of the the irrational statements recently have included:
- Takeover of $1
- NPV of $1.4b
- Dividends soon
If you took your glasses off you would see the reality...
$1 equates to a market cap of $392m, this isnt happening for quite some time sadly as price is based on demand and there is not demand, the Board has shown it is inept at generating it.
SFX only owns 50% of the $1.4npv, this is always forgotten. Lets talk about that instead of the inflated project NPV. With a lower NPV there will be zero companies looking at taking over SFX (unless its the chinese partner and they know they are in the box seat)
Dividends wont be paid for a long time, even the reports are incorrect in stating this, they Talk of Dividends but thats from KMS to SFX not from SFX to Shareholders.
As I stated 'Its a bottom draw stock now and I don't expect much movement for some time irrespective of the mine operating next year.' if you can show me what will drive the price higher outside of a general market rally then please do....(as the saying goes if we keep doing what we have been doing we will get the same results).
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Last
40.0¢ |
Change
-0.055(12.1%) |
Mkt cap ! $157.2M |
Open | High | Low | Value | Volume |
44.0¢ | 44.0¢ | 39.0¢ | $962.7K | 2.252M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 30586 | 39.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 191913 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 30586 | 0.395 |
3 | 16623 | 0.390 |
3 | 5311 | 0.385 |
2 | 175000 | 0.365 |
1 | 5000 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 191913 | 7 |
0.410 | 78236 | 2 |
0.420 | 100000 | 1 |
0.430 | 63403 | 1 |
0.455 | 19105 | 4 |
Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
40.0¢ |
  |
Change
-0.055 ( 11.5 %) |
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Open | High | Low | Volume | ||
44.5¢ | 44.5¢ | 39.0¢ | 191999 | ||
Last updated 15.49pm 30/05/2024 ? |
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