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23.0¢ st barbara limited

The bank debt and looming 30th June deadline is the problem. GMD...

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daicosisgod

12,254 Posts.

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09/06/23

15:08

Post #: 68219644
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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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The bank debt and looming 30th June deadline is the problem. GMD is the only guaranteed solution.

SBM Price at posting: 56.8¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 23.0¢		Change -0.020(8.00%)		Mkt cap ! $188.1M

Open	High	Low	Value	Volume
24.0¢	24.0¢	22.8¢	$1.366M	5.837M

Buyers (Bids)

No.	Vol.	Price($)
12	832426	23.0¢

Sellers (Offers)

Price($)	Vol.	No.
23.5¢	235896	2

View Market Depth

No.	Vol.	Price($)
12	832426	0.230
18	936137	0.225
19	972093	0.220
15	709500	0.215
17	464456	0.210

Price($)	Vol.	No.
0.235	235896	2
0.240	420955	10
0.245	171787	5
0.250	656561	11
0.255	383288	8

Last trade - 16.10pm 11/06/2024 (20 minute delay)


Last 23.3¢			Change -0.020 ( 6.17 %)
Open	High		Low	Volume
23.5¢	24.0¢		22.8¢	1630959
Last updated 15.59pm 11/06/2024 ?

SBM (ASX) Chart