I am a simple person and I don’t claim to understand what is going on the the cut throat world of junior ASX/TSX M&A. All I know is SVM previously offer 3c + and extras and the deal fell over. Share price now is 1.2c, SVM took part in CR so have some interest. I think that is a buying opportunity as they may come back with another offer.
TBH 3.5c no spin co, 50/50 cash/scrip. Support from board, sign it up. I don’t know why, but SVM don’t seem to be the best at getting these acquisitions to finalise. Maybe this time is different.
Ann: Result of UK Placing, page-44
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $29.13M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $3.058K | 245.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 748336 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 2880254 | 5 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| CLA (ASX) Chart |