Well, the shorting only makes sense if there is more negative newsflow to come because on the face of it, SBM is for the reasons I have mentioned in my other posts on this thread worth a FV of about $4 AUD even with a decrement of a bit of a haircut for managerial integrity.
I cannot see how Bob Vassie can hold on if the market stays at marks below the $4 mark or high $380s.
Well, the shorting only makes sense if there is more negative...
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Last
35.0¢ |
Change
0.015(4.48%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 35.0¢ | 33.5¢ | $1.761M | 5.126M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 62700 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 119395 | 9 |
View Market Depth
| Last trade - 16.10pm 21/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
