re: st barbara places 99m shares to institutions a Hmmm!!!
"The placement was managed by Southern Cross Equities for a fee
of 4 per cent, and will provide funds for potential project developments
and corporate activities."
Southern Cross Equities must have had a pretty convincing story for the Instos for the usage of these funds.
Maybe the usual story --do the placement , then some good news follows not long thereafter .
Placement at 60c wasn't too far below market levels .
why another share issue., page-7
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Last
34.0¢ |
Change
0.005(1.49%) |
Mkt cap ! $278.2M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 34.0¢ | 32.5¢ | $291.8K | 873.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 69358 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 730566 | 10 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| SBM (ASX) Chart |