So...
SLR Implied value for Gwalia is $ 718M (announcement 31st of May). All that is needed is two weeks to run due diligence ahead of Taurus granting funding (its the 2nd of June today - so this can be completed well before the end of June).
On the other hand, the pup we are being sold by those currently steering (?) this ship is a circa 624.2 (as summarised in the Fin Review on May 29th - using end Monday numbers).
Who is prepared to give up nearly $100M just because those in charge wont grant SLR the right to complete due diligence.
If you aren't prepared to give that sort of coin away then SLR have provided a recommendation in relation to the vote we all have.
Ann: No material improvement in Silver Lake proposal for Leonora, page-6
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Last
28.5¢ |
Change
0.010(3.64%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.8¢ | 27.0¢ | $1.897M | 6.791M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 187227 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 648341 | 13 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| SBM (ASX) Chart |