SBM st barbara limited

That this TO has support of the SBM board illustrates another...

  1. 3,257 Posts.
    lightbulb Created with Sketch. 879
    That this TO has support of the SBM board illustrates another example of how weak some ASX listed boards are.... GMD made the same audacious play for DCN and now has over 76% of the company for peanuts.... and so he then just uses the same play book for SBM.
    I think Raleigh has some magic pixie dust he's sprinkling around the board rooms of Leonora PM companies..... as DCN and SBM have both rolled out the red carpet..... well played by Rayleigh, but it's a sad state of affairs that these boards are so weak. If he does pull this one off and clean up the DCN mess I'll consider taking a position in Hoover.
    For the record I'm a former DCN holder and took a decent haircut on investment (sold out at around 14-15c a month or so back)... needless to say I was extremely disappointed the DCN board considered the GMD offer fair/reasonable (whatever the BS terminology it is they use).

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
32.0¢
Change
0.005(1.59%)
Mkt cap ! $346.5M
Open High Low Value Volume
32.0¢ 33.0¢ 31.5¢ $2.904M 9.022M

Buyers (Bids)

No. Vol. Price($)
1 120635 32.0¢
 

Sellers (Offers)

Price($) Vol. No.
32.5¢ 73274 2
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
SBM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.