SBM is not an ever expanding piece of foam. Their mine has production limits and I say it's over-valued now. At some point reality has to kick in and at best it can plateau awaiting cash returns. Remember, all the value of the equity has to be repaid in dividends plus a % for the time and risk. Can their mine cover that from profits?
Full disclosure: I owned SBM from 54c to $1.24.
It's taken over 3 years to get back in the green, page-6
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Last
32.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 32.3¢ | $261.8K | 803.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 111335 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 399568 | 23 |
View Market Depth
| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
