SBM 6.67% 24.0¢ st barbara limited

SBM has bottomed and I am all over it..., page-26

  1. 2,857 Posts.
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    Wegian, I think you are right. It looks to me like you use leverage making you more sensitive to falls in the sp. You were emphatic with your analysis and should have trusted it IMO. Watching the price action today SBM wants to rise and will outperform the market as gold rises. I don't think it will make a new low barring something unforeseen. Good news, (long overdue), is just around the corner. Don't take any notice of the couple of disgruntled trolls that post here. They are just bitter. The markets are full of them.
    No doubt St Barbara has been a disappointment and taken longer than expected to turn around, but most of today's issues have been caused by the former CEO and board, some of which are still there and should go. I do still think Jetson is the right man for the job and believe he will turn this thing around. We have already seen signs of that from Gwalia. For mine this is a massive buy right here. Time will tell.
 
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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
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
SBM (ASX) Chart
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