thank you but no thanks to Management.

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Wayno14

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22/06/23

13:49

Post #: 68418873
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Originally posted by Fangk: ↑

You are supposed to get some GMD shares, but it's not a sure thing as the company may need more funds, and consider the greed of the board, hence may not distributing all of them to shareholders. Forget about the money, they are for the board to dispose. Now the assets is in GMD's pocket, GMD SP should drop fairly fast soon as someone pointed out (mission completed).

I sold out all my shares today, lost 85% of money. I should have done it earlier when the EGM outcome came out but didn't vary too much either. Shareholders could/would not put up a fight against these corrupted xxxx. Officially St Barbara is finished. Without Gwalia, there is no company maker. Share price from here will be dying off gradually until SBM winds up or the Canadaian change their mind to show some mercy. At least in foreseeable term, Atlantic will be only losing money (close to no production), Simberi too if no significant POG rise. Last Q Simberi could make some money it's because gold in circuit and also sold more than produced.

GDXJ still hold 27 million shares. SBM is likely to be kicked out of the index or get significantly sold off, and in that case, look below. Don't know the bottom, but previous 7c might be on the card. Recent elevated shorting activities may be telling.

Anyways, I lost a lot of money from SBM thanks to the excellent board and management. They'll be always memorised. Had to bite the bullet and move on. Good luck!

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thank you but no thanks to Management.

SBM Price at posting: 47.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 34.3¢		Change -0.118(25.5%)		Mkt cap ! $276.1M

Open	High	Low	Value	Volume
37.5¢	38.0¢	33.8¢	$10.95M	30.65M

Buyers (Bids)

No.	Vol.	Price($)
29	934803	34.0¢

Sellers (Offers)

Price($)	Vol.	No.
34.5¢	500031	33

View Market Depth

No.	Vol.	Price($)
24	852477	0.340
38	1887780	0.335
38	1997671	0.330
13	1220478	0.325
29	1256623	0.320

Price($)	Vol.	No.
0.345	494837	28
0.350	838296	10
0.355	503786	12
0.360	560844	15
0.365	500702	15

Last trade - 14.46pm 05/11/2024 (20 minute delay)

SBM (ASX) Chart

thank you but no thanks to Management.

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thank you but no thanks to Management.

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