SHP 0.00% 1.1¢ south harz potash ltd

Takeover Target, page-19

  1. 533 Posts.
    lightbulb Created with Sketch. 111
    A bit of funny buggers going on from 11:41…
    https://hotcopper.com.au/data/attachments/5073/5073485-4f602e56a7bc0247da55c2a6622b93ac.jpg
    I’ve been of the opinion (for a while) that the SP is being intentionally suppressed. Reason? Wouldn’t have a clue. If I was to hazzard a guess it would be to prevent options (esp the July ones) from being converted, as they would dilute. On the flip side if they were converted, SHP would have a decent amount of cash buffer.

    Thoughts?



 
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