SBM 7.69% 21.0¢ st barbara limited

i was talking about the fundamental value of the company and the...

  1. 1,950 Posts.
    i was talking about the fundamental value of the company and the medium turn ie the next 12 to 24 months .sbm has a lot going for it over this time span and yes iam a holder at .16 cents .sbm have raised a fair amount of money in recent months for the paulsens project and as long as gold stays above $550 aus they are making reasonable returns from meekathara .the broker reports i have seen have sbm as a spec buy with target prices in the mentioned time frame of between .30 and .38 cents a share . the dio stake is also in the money at the moment and the frogs leg project is looking more and more promising and i think sbm will exit its holding at a good profit in the coming months, so in my view sbm are pretty good value at these prices. but they are a spec buy and as always with share investing who realy knows certainly not me otherwise i would be in tahiti living the good life not debating the merits or lack thereof of sbm with fellow hc investors .wrongway
 
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Last
21.0¢
Change
0.015(7.69%)
Mkt cap ! $171.7M
Open High Low Value Volume
20.5¢ 21.0¢ 20.0¢ $2.213M 10.76M

Buyers (Bids)

No. Vol. Price($)
7 361025 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 1595913 23
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
SBM (ASX) Chart
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