SFR 0.49% $10.34 sandfire resources limited

I don't think you'll get to much argument from SFR shareholders...

  1. 708 Posts.
    lightbulb Created with Sketch. 5
    I don't think you'll get to much argument from SFR shareholders there Pilates. I think they used up all their luck with that initial drill hole at De Grussa. Not a lot of luck since then (apart from over at TLM but then that only extended their life by about ten months). Even management have been selling down or getting out lately. My crazy theory is that SFR are worth about $1 per year for each remaining year of the real or perceived life of Doolgunna (and hence the company as not much is happening anywhere else). That means (according to my theory) they'll be around $5.50 by the end of the financial year and $5 by this time next year (unless something dramatic or unexpected happens). It'll be interesting to see if I'm correct or not. I hope for SFR shareholders sake that I'm not!
 
watchlist Created with Sketch. Add SFR (ASX) to my watchlist
(20min delay)
Last
$10.34
Change
0.050(0.49%)
Mkt cap ! $4.190B
Open High Low Value Volume
$10.33 $10.47 $10.32 $14.88M 1.435M

Buyers (Bids)

No. Vol. Price($)
2 21396 $10.34
 

Sellers (Offers)

Price($) Vol. No.
$10.35 1100 1
View Market Depth
Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
SFR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.