The growth in this stock has been phenomenal. At their low of $0.07 in December 2014 they had a market cap of just $35m. Now after just 19 months they have increased 50 fold to have a market cap of more than $1.7 billion.
They have always been good operators but came unstuck after taking over allied gold a few years ago. Had they not done that they would easily be over $10 today. But all credit to management for such a spectacular recovery from this big mistake and SBM will once again soon be cashed up and debt free.
Still sitting at half the cap of NST, also very good operators.
What is SBM worth?, page-4
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Last
34.0¢ |
Change
0.005(1.49%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.5¢ | 33.5¢ | $678.5K | 1.991M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 131915 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 327657 | 15 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
