SBM 4.44% 23.5¢ st barbara limited

trading halt, page-10

  1. 227 Posts.
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    Although I too have a feeling this may be bad news, we shouldn't discount the possibility that goods news is being delivered. I think the fact that they are delivering the news via a TH is why we are all concluding something bad is coming. What we need to ask is that if this is terribly bad news and not a neutral announcement (as a minimum) then the real concerns are what earth shattering information could they have uncovered in the last 4 weeks since the AGM that 2 years of due diligence couldn't expose? Remember that said in the AGM Report that in the 11 weeks since they had control of Allied their view on the investment was that "the potential was even greater than what was identified in their due diligence", which as stated above I believe I read somewhere took them 2 years of analysis.

    Hope it's a good Xmas for all...GLTA
 
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