SBM 1.49% 34.0¢ st barbara limited

Hi Hugo, would love to astound you with a smart answer but no....

  1. 167 Posts.
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    Hi Hugo,
    would love to astound you with a smart answer but no. Mate I have held SBM back in early 2014 made a few cents, I was very bullish on gold liked the story, also had SLR and liked there story and got hammered unfortunately. I compared SBM with it's peers looked at what has been reported and trending as much as possible and it looks like night and day from 2014 ,also I have learnt that sentiment has a disproportionate amount of influence on SP over the short term and some times longer so even though its a 10 bagger the market is saying buy big time . However I expect high volatility with an increasing SP over time.
    So going forward SBM seems to be paying down debt, has a buffer of funding and increasing cash flow with a currency and gold price to support , EVN looks good also.
    Just my thoughts I am no expert however, sentiment short term will do strange things regardless of fundamental analysis IMO. I expect high VIX in the next 6 months which most producers will benefit from regardless of their true worth.
    Good luck to all.
 
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Last
34.0¢
Change
0.005(1.49%)
Mkt cap ! $233.2M
Open High Low Value Volume
33.5¢ 34.5¢ 33.5¢ $678.5K 1.991M

Buyers (Bids)

No. Vol. Price($)
6 131915 34.0¢
 

Sellers (Offers)

Price($) Vol. No.
34.5¢ 327657 15
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
SBM (ASX) Chart
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