SBM 4.48% 35.0¢ st barbara limited

share consolidation

  1. 159 Posts.
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    Normally for small piddling companies this tactic can work against the share price, and I usually sell. but this is very positive for St Barbara as it puts it right in the face of anyone looking to take over SBM
    The positives are:-
    The Share register is wide open.

    A large US company has recently paid $7 billion for a company with 7 million ounces in the ground, when St Barbara is just capitilised at 1 tenth of that.
    I just bought another 50,000 5 minutes ago
 
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