SBM 1.41% 35.0¢ st barbara limited

Got this response from St Barbara after I emailed the following....

  1. 6 Posts.
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    Got this response from St Barbara after I emailed the following. Haven't heard from ASX yet :

    Hi, could you please explain why this ‘nonsense’ chart has appeared in the ASX in both Market Index and CMC Investments, as the actual share price record of SBM ?? The share price collapsed from 0.53 on 5 July to 0.28 on 7 July, a nearly 50% collapse in share price, and is being misrepresented as a rise from a low of 0.20 on 27 June to 0.28 currently, showing a false peak on 6 July of 0.29 ??? Will this nonsense affect trading on Monday and result in a further ‘sell off’ from the fictitious peak ?

    Hi,

    Thankyou for the email.

    Usuallywhen a company has a distribution of shares or return of capital the shareprice charts adjust to take this into account.

    BestRegards,

    David

    David Cotterell
    General ManagerBusiness Development & Investor Relations



 
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