No worries chief, I'll do your research for you...
"It is anticipated that St Barbara’s shareholding in Genesis (excluding the contingent consideration) will be substantially, if not fully, distributed to St Barbara shareholders via a return of capital post Transaction 5"
"5 Subject to the Genesis share price being at or around the raising price of $1.15 at time of completion of the Transaction"
Page 1 of 17 April 2023St Barbara agrees to sale of Leonora Assets to Genesis Minerals for total consideration of $600 million
"This Board haven't made any beneficial or right decisions thus far... Why would this one be right??" I believe... IMO SBM have made a number of bad decisions over the years, and while it sucks for SBM SH, this decision is (again IMO) the best solution to the difficulties SBM are currently faced with.
SBM Price at posting:
58.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)