SBM 7.69% 21.0¢ st barbara limited

re: Ann: Quarterly Report for 3 months ended ... As I read it,...

  1. BH!
    2,521 Posts.
    re: Ann: Quarterly Report for 3 months ended ... As I read it, they were cashflow negative to the tune of $11.9m for the quarter (that's after taking account of the $75m issue, less $22.5m used to buy back convertible notes).

    That's really, really bad, given they received an average gold price of $A1,375/oz. No wonder Mr Ed was sent packing.
 
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