re: st barbara places 99m shares to institutions a Hmmm!!!
"The placement was managed by Southern Cross Equities for a fee
of 4 per cent, and will provide funds for potential project developments
and corporate activities."
Southern Cross Equities must have had a pretty convincing story for the Instos for the usage of these funds.
Maybe the usual story --do the placement , then some good news follows not long thereafter .
Placement at 60c wasn't too far below market levels .
why another share issue., page-7
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Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $171.7M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.8¢ | $551.3K | 2.624M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 52999 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 171494 | 4 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |