My guess is that they did a very poor due diligence and are now finding all the cracks. That annoucement the other day about the mines being run down in a 3 month window was not very promising, nor was the Directors of ALD bailing despite being offered a seat on the combined entities board.
I think I will just chalk this one up to an expensive learning exercise. Could be worse, I could be whinging about bots or the govt or some other pathetic excuse that traders offer up when they get it wrong. Geez I hate those kind of people!
My guess is that they did a very poor due diligence and are now...
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Last
38.5¢ |
Change
0.035(10.0%) |
Mkt cap ! $315.0M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 38.5¢ | 36.0¢ | $3.210M | 8.626M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 22126 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 70395 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| SBM (ASX) Chart |