SBM 6.82% 20.5¢ st barbara limited

Why we have to approve GMD deal, page-7

  1. 13 Posts.
    We all read SBM's reply to the revised SLR bid. SBM's points are clear BUT it also shows that some errors have been made by both the board and the current CEO. Both need to be sanctioned, and no shareholder should vote FOR this sale to GMD.. Shareholders have been let down, and SBM should not sell their crown jewels Leonora. I hold SBM shares since 2013, and saw the roller coaster share prices swings (sold too early when share moved from 8c to 5AUD). My point is that voting FOR is endorsing the current mgnt and board for their lousy management of this company. I hope to see some share class action and civil suit against them.
 
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