to many shares, page-4

SBM is trying to consolidate shares at the moment.

From SBM website:

St Barbara currently has in excess of 1.95 billion shares on issue, which is relatively large for a Company of our size with a market capitalisation of approximately $700 million (based on 38 cents per share as at 3 September 2010).
Some potential international institutional investors are precluded by their charters or mandates from investing in stocks with share prices less than US$1, and as a consequence are precluded from investing in stocks such as St Barbara for as long as our shares trade at prices less than US$1.
The Directors believe that the proposed consolidation of the Company�s shares, in the ratio of six current shares consolidated to one new share, will create a more efficient capital structure and share price for a listed entity of St Barbara�s size and market capitalisation....