STB south boulder mines ltd

Seriously, being allocated shares in unlisted company. What was...

  1. 1,328 Posts.
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    Seriously, being allocated shares in unlisted company. What was the point??? It's like waiting for inheritance. It will yours, but you cannot do anything with it until you receive it.
    I honestly thought that this split was going to be like the Toll/Asciano one. Both companies tradeable after the split. Meanwhile, our STB holdings have been de-valued. Just not good enough the way this has been implemented. Really hoping that STB will start to kick some goals with an attractive deal regarding financing structure for Mining process with ENAMCO and & the strategic third party investors that they mention.
    GLTA.
 
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Currently unlisted public company.

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