SBM 2.27% 21.5¢ st barbara limited

market cap $80 million debt $335 million, page-2

  1. 2,693 Posts.
    fridge

    my experience with gold stocks is that they will do a massive dilutionary placement to stay afloat before the cash runs out. they always do this with gold stocks. hang on to the last breath. look at fml how many placements did they do. imo next quarter it is when it will happen. they couldnt last two quarters with the gold price at $1260 US and they wont risk trading while potentially insolvent. the convertible note holders owed $335 million US must be getting anxious here. seen it all before so many times with gold stocks. management just their for wages and bonuses. pathetic. stay away mate.

    frosty
 
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Last
21.5¢
Change
-0.005(2.27%)
Mkt cap ! $175.8M
Open High Low Value Volume
21.5¢ 22.5¢ 21.0¢ $697.2K 3.215M

Buyers (Bids)

No. Vol. Price($)
25 1159530 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.0¢ 67000 1
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
SBM (ASX) Chart
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