What are the chances for SBM with ALK holding a 19.99% stake and strong board endorsement?
I used to think SBM would be interested, but if they were they would have acted before now IMO.
10c might seems a little low, but if it’s in ALK script and they can fund a decent chunk of the development (they have $70mill odd in cash/gold and are profitable) it would be well worth holding onto the shares of the combined company with a $1bill +/- MC. ALK could unlock the value in GMD. Just a thought.
Ann: Change in substantial holding from ALK, page-11
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Last
$2.45 |
Change
0.010(0.41%) |
Mkt cap ! $2.764B | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.46 | $2.38 | $7.283M | 2.981M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 100643 | $2.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.45 | 28992 | 3 |
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| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| GMD (ASX) Chart |