it does not sound alarmist. it is alarmist.
a lot of these arbitrary discounts that are applied in the markets these days gives stock invest8ng a bad name.
IMHO SBM at $3.29 is at a wrapping great discount to FV and net assets including cash. It assumes a cash burn rate of monumental proportions.
I agree Bob Vassie and his management team could be better and have misbehaved but a lot of Boards for ASX 200 companies misbehave and you don’t see them receive a 50% discount.
Ann: Gwalia Mass Extraction Feasibility Study, Guidance & webcast, page-168
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Last
34.5¢ |
Change
-0.005(1.43%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.5¢ | 34.3¢ | $1.264M | 3.627M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 194355 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 70040 | 4 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
