ABB is SLC's closest rival, not friend.
SLC is now growing faster and Mr Tyler's team would no doubt be looking to bridge the gap on subscriber numbers and revenue.
Having regained the market's respect, and focused on the task at hand, its not the right time for SLC to be swallowed up.
Can't see ABB having the capacity to make a compelling proposal to SLC shareholders, not so soon after cash spent on SYM anyway. While 19.9% a good investment for ABB regardless, its a lot of cash to have tied up, when your'e carrying debt, without a take-over.
Ann: ABB: Non-Binding Indicative Offer for Superloop, page-44
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Last
$1.31 |
Change
-0.020(1.50%) |
Mkt cap ! $656.3M | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.33 | $1.29 | $329.7K | 252.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8915 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 3102 | 1 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$1.30 |
Change
-0.020 ( 2.43 %) |
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| Open | High | Low | Volume | ||
| $1.32 | $1.32 | $1.29 | 60528 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| SLC (ASX) Chart |