Can someone explain why the price has dropped 50% today? My understanding was that SBM was offloading Gwalia for a cash component and GMD shares to be issued on a 4:1 basis to SBM holders. Now, I understand those GMD shares have a certain value, and this roughly matches the drop in SBM today, but I guess I'm just not getting why SBM has dropped in value when they have been compensated for Gwalia?
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $171.7M |
Open | High | Low | Value | Volume |
21.5¢ | 21.5¢ | 20.5¢ | $164.4K | 783.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 1100755 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 406129 | 58 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 1100755 | 0.205 |
32 | 1083558 | 0.200 |
25 | 832703 | 0.195 |
30 | 509054 | 0.190 |
14 | 839598 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 396239 | 57 |
0.215 | 397244 | 9 |
0.220 | 479258 | 8 |
0.225 | 216688 | 11 |
0.230 | 386075 | 12 |
Last trade - 14.48pm 29/07/2024 (20 minute delay) ? |
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SBM (ASX) Chart |