And how about the part where St Barbara who are doing the takeover haha are getting the smaller slice of the pie, but new management are totally worth it...(because we are a bunch of incompetent idiots running it now) but hang on here's the kicker, the sweetener, GMD are going to let SBM shareholders keep 80% of Simberi and Atlantic (which they already own). The cherry on the cake is that David Moroney, current SBM director and one of the architects of St Barbara's demise will become the chairman of the spin off company and Andrew Strelein the current development officer the new CEO. What more could we ask for? I sincerely hope you're right and we get a superior offer.
SBM Price at posting:
65.0¢ Sentiment: Hold Disclosure: Held
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