SP got beat down on announcement of reduced life of reserves. SBM get's cashed up, and buys new reserves.
Lot's of cash to splash, so who will it be? I don't know, because my info is from the outside, not the inside.
Well, it is probably a stupid analogy, but, when my car get's low on fuel, and I have the cash, I buy some more.
Any of the smarties out there have a view on the next M/A by SBM?
AMI, DCN, GOR, takeover, or, a merger with the ambition to create a mega producer prior to POG going up,
and AUD$ going down.
Won't be selling under $4.
On the prowl
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $171.7M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.8¢ | $497.2K | 2.367M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 907607 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 652461 | 13 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| SBM (ASX) Chart |