The only problem with that scenario is if merger doesn’t go ahead, SGI shares drop to mid to high teens, CR inevitable around .12-.15. Just bad news for SGI, with most likely the same outcome 6 months down the track, but at a lower price for SGI holders.
Not going to be good for SGI.
All IMHO.
I’ve never known any company to do well out of litigation, costs always foreshadow the benefit in the long run. Time is money.
GLTAH
DYOR.
Ann: Trading Halt, page-84
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Last
$2.90 |
Change
0.110(3.94%) |
Mkt cap ! $654.7M | |||
| Open | High | Low | Value | Volume |
| $2.75 | $2.94 | $2.72 | $2.647M | 918.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 96995 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| CYL (ASX) Chart |