I am ready to do my duty and hand over my SBM shares for $1.50 today, but not in 2 years time when I will want over $2.00.
Somehow I think this appointment has nothing to do with a possible takeover.
To make several further multiples with SBM, all you have to do is be willing to sit on your hands to stop your fingers from pushing the sell button.
The shaft is not needed until 2020, when gold should be over AUD2000 and the cost of building the shaft will not be a major burden.
loki (give it time and the money will come to you, with a little bit of luck)
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $308.6M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.5¢ | 28.0¢ | $2.028M | 7.071M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1069835 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 271064 | 5 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| SBM (ASX) Chart |