Australian (ASX) Stock Market Forum

SBM - St Barbara Limited

Re: SBM - St. Barbara Mines

There was similiar `highly unusual' stuff yesterday before trading started

bidders

5000 0.810
10000 0.800
20000 0.795
5555 0.790
42029 0.780
18163 0.770
9100 0.760
34400 0.750
60000 0.735
3000 0.730

Offers

0.670 50000 1
0.680 23200 1
0.700 16000 1
0.735 245300 2
0.740 65000 3
0.745 14577 2
0.750 128000 4
0.760 10000 1
0.765 100000 1
0.770 4500 1


eeny meeny miney moh. My buy at 0.485 still looks really good :D
 
Re: SBM - St. Barbara Mines

Well I'll say it....

SBM in a trading halt till Thursday!

Directors buying recently...

massive spike one day last week (up approx 16% from memory)

Nickel announcement due...

or maybe takeover?????
 
Re: SBM - St. Barbara Mines

I sure hope so sam,

Would not want it to be bad news - my stress levels are taking a beating these last couple of days
 
Re: SBM - St. Barbara Mines

up till 10:12 160k shares were traded down 0.04 cents.

I have not received email notification of any announcement
good to see SBM `on the ball` looking after the shareholders.

now it's back up to 68 cents !

meanwhile my etrade `watching` portfolio at 10.25 still shows
last price 0.640
bid 0.640
offer 0.550
volume 316067

What a crack up LMAO
 
Re: SBM - St. Barbara Mines

I can't see this being good for you SBM bulls.

Hopefully just some ****ups in the system.
 
Re: SBM - St. Barbara Mines

The HSBC screen is showing last trade $0, change -100%.

Hopefully just a hiccup in HSBC... :eek:

GP
 
Re: SBM - St. Barbara Mines

GreatPig said:
The HSBC screen is showing last trade $0, change -100%.

Hopefully just a hiccup in HSBC... :eek:

GP

I think someone did a boo boo, should have been on a tading halt from yesterday, but somehow it was trading today so the ASX people are cancelling all trades for today and placing in a tading halt. i think the annoucement will be released tomorrow.

Hopefully good news

Hypnotic :cautious:
 
Re: SBM - St. Barbara Mines

Man, the ASX is stuffing up big time...

The computer crash yesterday, now the stuff up in the trading halt... not good when the market is so volatile... :mad:
 
Re: SBM - St. Barbara Mines

hi all,

just read in the AFR today that SBM is in the market for raising a capital of 70m through Southern Cross Equities.

could this be the news that we are awaiting for because of the trading halt?

any thoughts?

happy trading!
 
Re: SBM - St. Barbara Mines

saichuen said:
hi all,

just read in the AFR today that SBM is in the market for raising a capital of 70m through Southern Cross Equities.

could this be the news that we are awaiting for because of the trading halt?

any thoughts?

happy trading!
Trying to raise $70million....the company would not halted trading for 3 days.....I feel there maybe a T/O ....or they found a new lode of GOLD...or the Sullivans is indeed as rich in Nickel as first thought...or they found Uranium....anything is possible...so its going to be advantages for shareholder...we know on thursday.....but T/O is what I say..$1 at least as the Yanks will not sell their holdings below that....good luck to all holders....its $$$$$$ time for all.......also...BHP might have offered a price which the US shareholder could not have refused.....and of course all us other shareholder have to be offered the same $$$$...as Ted Tremgold said the 14000sqkm SBM holds are one of the richest land holding for minerals in Australia....keep your eyes peeled on SBM on thursday
 
Re: SBM - St. Barbara Mines

Placement of 99m shares @ 0.60c for capital raising of $59.4 confirmed!

Happy trading!
 
Re: SBM - St. Barbara Mines

saichuen said:
Placement of 99m shares @ 0.60c for capital raising of $59.4 confirmed!

Happy trading!

Wasn't as good as we have thought,

this market is freaking me out.,............................. :(

hopefully it'll get better... soon

Hypnotic
 
Re: SBM - St. Barbara Mines

chicken said:
Trying to raise $70million....the company would not halted trading for 3 days.....I feel there maybe a T/O ....or they found a new lode of GOLD...or the Sullivans is indeed as rich in Nickel as first thought...or they found Uranium....anything is possible...so its going to be advantages for shareholder...we know on thursday.....but T/O is what I say..$1 at least as the Yanks will not sell their holdings below that....good luck to all holders....its $$$$$$ time for all.......also...BHP might have offered a price which the US shareholder could not have refused.....and of course all us other shareholder have to be offered the same $$$$...as Ted Tremgold said the 14000sqkm SBM holds are one of the richest land holding for minerals in Australia....keep your eyes peeled on SBM on thursday
Looks like you were wrong chook. I begining to get a little sus of the guys running the show. Why did they have a buy back and now a placement ? Seems counter productive.
 
Re: SBM - St. Barbara Mines

chicken said:
as Ted Tremgold said the 14000sqkm SBM holds are one of the richest land holding for minerals in Australia....

This is why I'm staying in...

:2twocents
 
Re: SBM - St. Barbara Mines

Chicken seems emotional on this one. Be warey.
 
Re: SBM - St. Barbara Mines

bargain said:
ouch. big hit today...

thoughts?
What would you like to hear? TThe placement POG down and tax time selling are of course going to see this one drop.
 
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