@Chicarno88 They won't have $600M in the bank to spend.
They have around $180M in debt they will want to retire and have additional environmental liabilities of up to $70M in bonds at the Atlantic operations to mull over. Given their reputation in Nova Scotia, recovering those environmental bonds will not be a easy task and the Halifax Examiner refers to them as "St Barbara's toxic assets".
All in all, SBM shareholders have been shafted by some horrendous decision making.
Ann: Genesis merger, Leonora production and guidance update, page-91
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Last
29.0¢ |
Change
-0.005(1.69%) |
Mkt cap ! $314.0M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 28.5¢ | $1.949M | 6.718M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 1603620 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 138499 | 4 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| SBM (ASX) Chart |