SBM has just raised $120m to fund:
a) plant expansion ie. increase in production; &
b) fund exploration (known targets) which will expand resource base.
Dilution of shares point - well Micky here's a simple arithmetic test for you? Can you manage it.
No of shares before fund raising = 994m
Increase in shares for fund rasing = 160m
Total no. of shares = 1150m
Theoretical dilution in market cap (assuming no benefit of the $120m raised nor accounting for this as cash) = [Micky to fill in the gap]
What is SBM guilty of - their naivety in dealing with instos.
Where's Vendor now to support you with a technical slant. I'm getting myself set for a tag team effort here.
- Forums
- ASX - By Stock
- SBM
- mcbutler
mcbutler, page-13
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SBM (ASX) to my watchlist
|
|||||
Last
21.8¢ |
Change
0.003(1.16%) |
Mkt cap ! $175.8M |
Open | High | Low | Value | Volume |
21.5¢ | 22.0¢ | 21.5¢ | $74.34K | 345.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 141535 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 1058692 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 149756 | 0.215 |
12 | 369113 | 0.210 |
26 | 1333029 | 0.205 |
34 | 1124672 | 0.200 |
24 | 1073703 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 978305 | 33 |
0.225 | 351746 | 11 |
0.230 | 375547 | 12 |
0.235 | 589075 | 12 |
0.240 | 601352 | 14 |
Last trade - 10.35am 15/08/2024 (20 minute delay) ? |
Featured News
SBM (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online