Why did SBM fall 34.4% on 24 Dec 2024?
ST Barbara · Materials
What moved it
St Barbara was hit with a $210m tax demand from Papua New Guinea.
The dominant news headline on the day directly attributes the stock's slump to a $210m tax demand from PNG, which is a government action. This regulatory/legal event explains the large, abnormal price decline.
Written by a language model from the evidence below, and it can be wrong. Tell us and we will fix or remove it. General information only, not financial product advice.
The evidence
In the news
Gold miner St Barbara hit with $210m PNG tax demand
afr.com · 24 Dec 2024
Closing Bell: ASX ticks up on Christmas Eve, Avita soars, St Barbara slumps
Stockhead · 24 Dec 2024
AU Morning Wrap | ASX 200 edges lower; RBA minutes in focus
Moomoo · 23 Dec 2024
Headlines link to the publisher.
What it did to the 5 ETFs holding SBM
On $10,000 in each fund, at the weight it holds today. A fund of funds counts what it holds through the funds inside it.
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF0.35% of the fund−$12
- ISOiShares S&P/ASX Small Ordinaries ETF0.35% of the fund−$12
- VETHVanguard Ethically Conscious Australian Shares ETF0.07% of the fund−$2
- A300Global X Australia 300 ETF0.04% of the fund−$1
- VASVanguard Australian Shares Index ETF0.03% of the fund−$1
Keep going
- ST BARBARA LIMITED on the chartIts price, every explained move and the funds that hold it
- SSO, its heaviest holderST BARBARA LIMITED is 0.4% of the fund
- ISO vs SSOTwo funds that hold it, side by side: overlap, fees, mix
- What owning SSO adds up toOpen it as a portfolio and add your own
- Today's biggest movesEvery explained move, ASX and international
- Moves by monthThe biggest rises and falls of past months