The recent placement of 60 million shares at 20 cents may be providing a hurdle at the moment. Going forward SBM would no doubt like to see their share price higher for DIO and TAI script takeovers. If TAI can be successfully mined and DIO increases it's reserves then SBM would command a much higher price. Seems a reasonable medium term investment in the only sector in a bull market. Any comments?
SBM - Prospects
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Last
25.0¢ |
Change
0.015(6.38%) |
Mkt cap ! $204.4M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 25.3¢ | 23.5¢ | $2.293M | 9.308M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 185654 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 508318 | 14 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
25.0¢ |
Change
0.015 ( 6.34 %) |
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| Open | High | Low | Volume | ||
| 24.0¢ | 25.3¢ | 24.0¢ | 3082585 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| SBM (ASX) Chart |