I wouldn't worry about an OZL takeover VC. OZ management have shown their conservative nature time and time again.
If an offer does come, I feel it will only be after further exploration success and in that case it may be from a party other than OZ. In any case the share price would be higher due to the extra find.
But only speculation.
Either way, with it's high-margin product (5% Cu) SFR will enjoy healthy profits even with a depressed copper price. Something that should not be discounted.
sandfire takeover, page-5
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$9.02 |
Change
-0.060(0.66%) |
Mkt cap ! $4.125B | |||
| Open | High | Low | Value | Volume |
| $9.08 | $9.14 | $9.01 | $12.49M | 1.379M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4918 | $9.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.06 | 4804 | 3 |
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