SBM 0.00% 25.0¢ st barbara limited

Ann: Notice of Extraordinary General Meeting, page-7

  1. 2,556 Posts.
    lightbulb Created with Sketch. 296
    Yes, will vote NO as well. But it's unlikely we'll win the vote though.

    The managenent could have raised equity to avoid this situation, given the finance postion is the pain point being attacked. But no, their target is to transfer the shareholders' interest to GMD. I guess the major shareholders already deployed enough positions in GMD hence they colluded with the board to make this deal - they will take the advantages from the retail shareholders just change the assets from left hand to right. Gwalia is the backbone of SBM. Without this asset there is no more company maker.

    I still hold 20% of my original positions, waiting the opportunity to join class action against these bastards. This is blunt treason to the shareholders. Where are the legal hawks?
 
watchlist Created with Sketch. Add SBM (ASX) to my watchlist
(20min delay)
Last
25.0¢
Change
0.000(0.00%)
Mkt cap ! $204.5M
Open High Low Value Volume
25.0¢ 25.5¢ 24.5¢ $309.5K 1.237M

Buyers (Bids)

No. Vol. Price($)
31 898940 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 523696 10
View Market Depth
Last trade - 11.47am 27/08/2024 (20 minute delay) ?
SBM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.