My understanding is they have $294 million cash on hand. They owe $45 million for tax and transaction costs and they have 2 mines with high AISIC. With that in mind I can see why it has taken a massive hit! They may now become a T/O target for someone eager to get $250 mill with a paper script bid. All my opinion and not investment advice.
My understanding is they have $294 million cash on hand. They...
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Last
33.0¢ |
Change
-0.010(2.94%) |
Mkt cap ! $270.0M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.8¢ | 32.5¢ | $847.7K | 2.553M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99998 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 83653 | 10 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| SBM (ASX) Chart |