I get a bit astounded shareholders don't look more closely at the SBM involvement here, and in relation to the sp and management quality. Here we see SBM continue to vote with their cash now lifting the stake to 17.9% . Vassie has turned them around (SBM) from a bleeding basket case to one of the top gold miners in Australia with eye watering cash reserves and very low costs. To have SBM in as a major shareholder speaks volumes for where this company is heading.
The snip below is from the just released Annual Report of SBM, their intention is very clear:
Ann: Change in substantial holding from SBM, page-2
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $63.91M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.5¢ | $11.37K | 98.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89603 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 113500 | 3 |
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| Last trade - 15.48pm 29/11/2024 (20 minute delay) ? |
| PEX (ASX) Chart |
