SBM 1.54% 33.0¢ st barbara limited

donestn help when one brokerage house puts a sell on it after...

  1. 13,171 Posts.
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    donestn help when one brokerage house puts a sell on it after last result claiming profit down and production forecast flat, too hard to read the next line where it said atlantic production forecast not included till sept qtr report

    It also doesn't help when credit swiss come in saying look how many shares we borrowed, then borrowed more then gave them back without using

    The JPM coming in and basically borrowing 35 M shares,,,and doing the same thing

    IMO they are shredding DB as payback over the raising.

    Even with the miss on forecasts, DIV was flat but on many more shares, gold aud is up last half and has taken off in 3rd qtr

    Personally I thought it would hold3.5 as that was good value considering how much money they still had in bank and the mid qtr rise in aud gold,,,,,,,,claim you have 35 then 40 plus million shares and your going to short had its affect, everyone stood back.

    Personally I think its gone way too far

    Might have to buy a few tomorrow...…….off the hold back on the buy - .see how it goes
 
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Last
33.0¢
Change
0.005(1.54%)
Mkt cap ! $270.0M
Open High Low Value Volume
34.0¢ 35.0¢ 33.0¢ $3.529M 10.42M

Buyers (Bids)

No. Vol. Price($)
16 464135 33.0¢
 

Sellers (Offers)

Price($) Vol. No.
33.5¢ 1700 1
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
SBM (ASX) Chart
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