Q3 report due today or Friday, so we should get some insights into costs. We know SBM was marginally cash +ve for the quarter, how much came from operations v tax relief and interest income is one question I'm keen to see an answer for. The other is about the liability repayment they referenced in the update - how much did that reduce cash flow.
Saying that, I've no idea how the market will react. I get the sense the focus has shifted for SBM. There's a fair view that 'past performance no longer represents future performance' and investors are waking up to the potential upside.
Last edited by JohnJ:
Not tomorrow. ANZAC Day...24/04/24
SBM Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held
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