It is very rare that a company can go from zero to hero in a short period of time and from memory there are only a handful that have done so;
Talisman - ore find to still trying to find its place
Sirius - ore find to TO by IGO
Northern Star - 2c to $2+....and still growing
Silverlake - 10C to $2 to zero??
Now SBM - 7c to 80c
Every one of these companies had a game plan - Sirius needed a suitor, NST is on a path to grow and Silverlake just didn't have a plan.
Anyone know what SBM's clear plan is by any chance...Vassey has done a great job and from previous experience has grown the company and then sold (Ivenhoe).....will he do the same for SBM?
Recently the SP has moved up .....which points more to the inclusion in the ASX top 300 and also to the great turn around in the operations space......but there could be other motives too.....anyone has any idea of what SBM will be like in a few years time.?
SBM Future...where to now
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $165.6M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.5¢ | $460.4K | 2.302M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 608299 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 911794 | 27 |
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| Last trade - 13.52pm 25/06/2024 (20 minute delay) ? |
| SBM (ASX) Chart |