The shareholders don't want to sell their most valuable asset. As poor as the deal was before, it was a merger up until about a month ago.
A script offer for the entire company is the best outcome for SBM shareholders. The gold is there. The assets just need to be managed well.
I think it is entirely possible SLR may come back with a script offer. What do you think GMD would do if that scenario played out? You guys would be running for the exits.
Ann: SLR:SLR Ready to Rapidly Progress Revised Leonora Proposal, page-34
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $175.8M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.5¢ | 20.0¢ | $898.9K | 4.311M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 366519 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 1031506 | 30 |
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| Last trade - 15.57pm 05/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |