SBM would be a much better fit for Mark’s comments than De Grey Mining. Mallina funding secured was more the reason for the Sp rise in DEG. I think most people would recognise DEG as overpriced with a TO premium built in already whereas SBM matches Mark’s words in being underpriced.
If Barrick did go after DEG, which I doubt, that would still probably cause a rerate for SBM. More jets for jettisoning Jetson before we have any more 737-Max events.
SBM assets are much better than the market gives them credit for but watching the SBM management are like watching a Chucky Movie or We Know What You DId Last Summer.
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SBM would be a much better fit for Mark’s comments than De Grey...
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Last
24.0¢ |
Change
0.015(6.67%) |
Mkt cap ! $196.3M |
Open | High | Low | Value | Volume |
23.0¢ | 24.0¢ | 23.0¢ | $865.9K | 3.702M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 52553 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 845110 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 52553 | 0.235 |
15 | 638057 | 0.230 |
13 | 730466 | 0.225 |
13 | 391526 | 0.220 |
4 | 156976 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 845110 | 17 |
0.245 | 451392 | 12 |
0.250 | 460662 | 16 |
0.255 | 330400 | 5 |
0.260 | 275234 | 8 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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SBM (ASX) Chart |