SBL 0.00% 0.1¢ signature metals limited

going forward, page-6

  1. 1,688 Posts.
    lightbulb Created with Sketch. 11
    Good post Maddoc and your dream scenario is mine too. ie A much better offer from LG or some other party.

    My opinion is that if LG fail to get 50% then they may well bail out and move on. My thinking in coming to this view is that they seem to be intent on applying their brand of management and value creating strategy. If they cannot do that then their reason for being invested is no more.

    They need to do a cap raising for their other projects so maybe the sale of whatever SBL shares they have to date would help them in that endeavour. {Assuming that they haven't already issued LG shares in their stead].

 
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Currently unlisted public company.

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