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7.69%

24.0¢ st barbara limited

Totally agree Management is the problem, its just sad that they...

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Chass

1,060 Posts.

106

15/06/23

18:02

Post #: 68309180
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Originally posted by Frank64: ↑

And we have the option now to vote yes and condone the behaviour or vote no with the possibility of going into a Deed of Company Arrangement which will create terms through an independent deed administrator that facilitates a plan in servicing the creditors debt. The outcome may not be in offloading Leonora, it could involve another arrangement but at least management and board would not have the final say. It would be overseen.
Some here may think we will be liquidated, not necessarily as we are rich in assets both above and below the ground we just have a current liquidity problem. Management is the problem.

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Totally agree Management is the problem, its just sad that they cant extract value for shareholders, but SLR and GMD think they can. It beats me why they didn't divest the overseas non performing assets earlier on.

SBM Price at posting: 51.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 24.0¢		Change -0.020(7.69%)		Mkt cap ! $196.3M

Open	High	Low	Value	Volume
26.0¢	26.0¢	23.5¢	$1.861M	7.547M

Buyers (Bids)

No.	Vol.	Price($)
7	466830	24.0¢

Sellers (Offers)

Price($)	Vol.	No.
24.5¢	130872	5

View Market Depth

No.	Vol.	Price($)
7	466830	0.240
9	204369	0.235
15	454634	0.230
10	600688	0.225
10	733554	0.220

Price($)	Vol.	No.
0.245	122300	3
0.250	185500	3
0.255	552609	6
0.260	613672	8
0.265	258273	8

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last 24.3¢			Change -0.020 ( 4.90 %)
Open	High		Low	Volume
25.8¢	25.8¢		23.8¢	3429799
Last updated 15.59pm 03/05/2024 ?

SBM (ASX) Chart