A take over bid would stop that. If BHP didn't long a bid for OZL I imagine it's share price would tank similar to SFR.
A cashed up major can swoop in pay off debt, take out the interest liability and increase their margin.
DYOR
SFR General Discussion, page-190
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Last
$8.80 |
Change
0.010(0.11%) |
Mkt cap ! $4.030B | |||
| Open | High | Low | Value | Volume |
| $8.81 | $8.84 | $8.78 | $1.251M | 142.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 789 | $8.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.81 | 3981 | 21 |
View Market Depth
| Last trade - 11.27am 18/09/2024 (20 minute delay) ? |
| SFR (ASX) Chart |