SBM 0.00% 22.5¢ st barbara limited

Shares rise despite steep profit dive, page-6

  1. 12,132 Posts.
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    SBM still a few months away from FULL CAPACITY but with a rapidly rising PoG it cannot be ignored any longer... so I think punters will have to take a decision - GO FOR THE ALREADY RUNNING $1-3 billion goldies or go for SBM who has not been part of this rally at all... I am sure some funds will move to SBM just for this as any news of the completion of works will see a massive buying and if at that time PoG is at these lofty heights then the $4 mentioned above will be taken care of in matter of days...

    so, I think we may see a "pre-emptive" strike on SBM shares (in fact already up more than 20% in a few days now) and more to come... if this reaches $4.5, it will still be undervalued as per old numbers...

    I hold a few and will be buying SBM regularly now as and when I can free up cash...just toying with the psychological $3 mark atm and once it has spent a day or two above it, it can have a fairly decent run IMO...
 
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Last
22.5¢
Change
0.000(0.00%)
Mkt cap ! $184.0M
Open High Low Value Volume
22.5¢ 22.8¢ 22.0¢ $304.4K 1.356M

Buyers (Bids)

No. Vol. Price($)
50 1573547 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 237418 13
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Last trade - 14.19pm 05/06/2024 (20 minute delay) ?
Last
22.5¢
  Change
0.000 ( 0.62 %)
Open High Low Volume
22.5¢ 22.8¢ 22.0¢ 1102134
Last updated 14.39pm 05/06/2024 ?
SBM (ASX) Chart
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