SFR 0.59% $10.27 sandfire resources limited

hmmm, but why pay $12 for something that in 4 years stops making...

  1. 1,710 Posts.
    lightbulb Created with Sketch. 3
    hmmm, but why pay $12 for something that in 4 years stops making money?
    It is clearly a down hill story until a new resource is confirmed.
    It's all about future earnings. IMO anyway.

    All of the recent action is based on the hope of an increased resource. Yes?
    Prior to that it had tracked sideways for a very long time.
    I almost sold numerous times.
    But as I said, I back management to succeed, however I am realistic about the SP movement in the absence of this.
 
watchlist Created with Sketch. Add SFR (ASX) to my watchlist
(20min delay)
Last
$10.27
Change
0.060(0.59%)
Mkt cap ! $4.190B
Open High Low Value Volume
$10.31 $10.42 $10.18 $14.51M 1.416M

Buyers (Bids)

No. Vol. Price($)
2 5465 $10.26
 

Sellers (Offers)

Price($) Vol. No.
$10.29 2241 2
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
SFR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.