Thank you guys for giving me thumbs down. It just doesn´t help, I am afraid.
Don´t get me wrong: I have no interest in downramping SBM, I never shorted this stock, but I have been a long term shareholder over years and learnt my lesson, that it does not help here with a buy and hold strategy.
If you want to make money out of SBM, you have to see what is happening and buy and sell at lows and highs. Old management made many mistakes and so are doing this actual one.
Are you really that optimistic or is it wishful thinking?
For me, I won´t buy any more if I don´t see a proof that SBM will be on track to bring cash costs at Simberi and Gold Ridge down to a sustainble level. They are - imho - unsustainable high.
GLTA
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $175.8M |
Open | High | Low | Value | Volume |
21.5¢ | 22.0¢ | 21.0¢ | $317.9K | 1.475M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 536501 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 950207 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 536501 | 0.210 |
23 | 1444165 | 0.205 |
29 | 988490 | 0.200 |
15 | 753552 | 0.195 |
22 | 782142 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 950207 | 19 |
0.225 | 321000 | 4 |
0.230 | 367355 | 7 |
0.235 | 592113 | 10 |
0.240 | 534810 | 11 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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SBM (ASX) Chart |