SBM 2.56% 20.0¢ st barbara limited

Treefeed, what is fundamental worth? SP will tank more imho....

  1. 608 Posts.
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    Treefeed,

    what is fundamental worth?

    SP will tank more imho.

    Gold is weak and SBM is having huge problems with their oversea assets. If they can´t stop throwing money in there, the sp will tank and tank, till the problems are solved. Or it´s over then. You can´t only put loads of money in the left pocket and expect that your money is still in the right one.
    It will be a very long and hard way to get back on track. If gold goes down it is advisable to refrain from this highcost producer.
 
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