It's ultimately up to the profitability. 300koz/year means nothing. SBM was 350koz+ producer up to last year. So what? its market cap has been pathetically dwindling. After this merge, pure SBM SH will only have 1/3 interests in the new company.
RSG produces more than 300koz and its MC is pitiful.
I beileve shutting down overseas assets and make Gwalia profitable with production maintaining at about 170-180koz/year should have good chance to put SBM MC back to $1B even at current POG. After all, major CAPEX has been sunk in to Gwalia.
Don't understand what the major holders think, this is extremely frustrating.
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $233.1M |
Open | High | Low | Value | Volume |
28.0¢ | 29.0¢ | 27.5¢ | $1.638M | 5.816M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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29.0¢ | 512348 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.285 |
9 | 228735 | 0.280 |
11 | 485245 | 0.275 |
16 | 493236 | 0.270 |
8 | 455867 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 512348 | 14 |
0.295 | 984440 | 11 |
0.300 | 670485 | 16 |
0.305 | 539330 | 14 |
0.310 | 496995 | 16 |
Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
28.0¢ |
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Change
-0.005 ( 3.45 %) |
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Open | High | Low | Volume | ||
27.5¢ | 29.0¢ | 27.5¢ | 2294155 | ||
Last updated 15.59pm 23/05/2024 ? |
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