- Joined
- 27 December 2005
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GreatPig said:The HSBC screen is showing last trade $0, change -100%.
Hopefully just a hiccup in HSBC...
GP
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 $$$$$$ time for all.......also...BHP might have offered a price which the US shareholder could not have refused.....and of course all us other shareholder have to be offered the same $$$$...as Ted Tremgold said the 14000sqkm SBM holds are one of the richest land holding for minerals in Australia....keep your eyes peeled on SBM on thursdaysaichuen said:hi all,
just read in the AFR today that SBM is in the market for raising a capital of 70m through Southern Cross Equities.
could this be the news that we are awaiting for because of the trading halt?
any thoughts?
happy trading!
saichuen said:Placement of 99m shares @ 0.60c for capital raising of $59.4 confirmed!
Happy trading!
Looks like you were wrong chook. I begining to get a little sus of the guys running the show. Why did they have a buy back and now a placement ? Seems counter productive.chicken said:Trying to raise $70million....the company would not halted trading for 3 days.....I feel there maybe a T/O ....or they found a new lode of GOLD...or the Sullivans is indeed as rich in Nickel as first thought...or they found Uranium....anything is possible...so its going to be advantages for shareholder...we know on thursday.....but T/O is what I say..$1 at least as the Yanks will not sell their holdings below that....good luck to all holders....its $$$$$$ time for all.......also...BHP might have offered a price which the US shareholder could not have refused.....and of course all us other shareholder have to be offered the same $$$$...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
chicken said:as Ted Tremgold said the 14000sqkm SBM holds are one of the richest land holding for minerals in Australia....
What would you like to hear? TThe placement POG down and tax time selling are of course going to see this one drop.bargain said:ouch. big hit today...
thoughts?
bargain said:ouch. big hit today...
thoughts?
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