Haven't done the maths of SBM's operation recently enough to say off the top of my head whether it's a good deal or not, though I suspect that in theory we're swapping the shares in one undervalued miner for another undervalued miner, given that the whole sector seems relatively undervalued given POG.
roughly, as far as I can tell: SBM produces 330koz yr at ~$650 cost. Market cap 700m so arguably trading on an even lower multiple than ALD.
Highly superficial first response: I like it.
Opinion subject to change without notice.
- Forums
- ASX - By Stock
- ALD
- wake up everyone! takeover offer
wake up everyone! takeover offer
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALD (ASX) to my watchlist
(20min delay)
|
|||||
Last
$28.52 |
Change
-0.120(0.42%) |
Mkt cap ! $6.783B |
Open | High | Low | Value | Volume |
$28.70 | $28.85 | $28.34 | $19.64M | 688.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 1214 | $28.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$28.53 | 1392 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 483 | 28.510 |
7 | 954 | 28.500 |
5 | 618 | 28.490 |
6 | 1533 | 28.480 |
2 | 407 | 28.470 |
Price($) | Vol. | No. |
---|---|---|
28.520 | 1540 | 30 |
28.530 | 4441 | 21 |
28.540 | 1820 | 7 |
28.550 | 499 | 4 |
28.560 | 1034 | 4 |
Last trade - 14.26pm 21/10/2024 (20 minute delay) ? |
Featured News
ALD (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online