Would anyone have any ideas why Van Eyk would sell down about $30 million worth of SBM at a reasonably low point to put it into SLR at a reasonably high point? From what I can see, SBM market cap is about 3 times that of SLR at the moment but then SBM produces 3 times what SLR produce. however the margin SBM makes is substantially more than SLR. I could understand if they invested into SLR around the 25c mark but cannot see much value 50c+. I see tons of value in SBM below $2-
Would anyone have any ideas why Van Eyk would sell down about...
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Last
35.0¢ |
Change
0.005(1.45%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 35.5¢ | 34.3¢ | $1.551M | 4.447M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 124478 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 272870 | 12 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
