Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi James, What is MM's view on St Barbara? Is it time to exit the stock? Jacky
Hi Jacky,
That is our distinct feeling following another poor result from SBM. We bought SBM in the Emerging Companies Portfolio for a potential tie up with Genesis (GMD) that we thought would unlock latent value in both. This deal is still on the cards, but production issues at SBM are not helping this. Watch this space for alerts.
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