SBL signature metals limited

""there are about 650 million out there now....""still with the...

  1. 37,286 Posts.
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    ""there are about 650 million out there now....""

    still with the above SBL has a market cap of approx $26mm.

    i have NO doubt Messers Wood & Flaval will vend in assets far and above the current market cap.

    take this as an example in which Wood & Flavel are directors.

    Black Range Minerals Limited (BLR)

    current price 27 cents

    approx 633mm shares

    market cap $170mm.

    now SBL's market cap $26mm compared with the above is tiny.

    also another Ascent re-listed DYL

    just over one billion shares, market cap $630mm (compare with SBL's $26mm)

    another WMT

    500mm shares, market cap $197mm (compared with SBL's $26mm).

    regards
 
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