Well this lunatic just bought in!
Key for me is that Lehany's heritage is operationally running mines (e.g. Cadia Valley for NCM, thus strong chance IMO to turn around the efficiency of the underlying business and extract the best result. Note from the release a reference to not having the right operational skills in the business. Reading between the lines, they haven't had the right people on board running the operations, and it takes an experienced operator to identify and acknowledge this. Also, note the detail provided to investors around forward plans.
Anyway, happy to join others for the ride from here.
is it really that bad?, page-15
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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 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| SBM (ASX) Chart |