SBM 4.44% 23.5¢ st barbara limited

Ann: Ceasing to be a substantial holder, page-9

  1. 1,741 Posts.
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    I agree. Should have taken a holding in RED5, like SLR did. Nice return on investment.

    Still think SBM may get involved in a Leonora menage et trois.
    SLR into RED5(longlife resource), big player in the backdoor of SLR, then SBM.

    SBM sitting on all that cash makes them a takeover target. It's like, T/O, and we will
    pay you for it, and give you an extra $100 million.

    Time will tell. Who would the big player be? WGX, DEG, GMD?
 
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