rest the deal doesn’t look that great.
15% CR
$10 million break free - even if superior proposal
100% scrip in SVM, not much of a premium now after announcement. With SVM dropping 5-10%.
Seems like a deal for management and liquidity event for Big shareholders that don’t want to be there.
anyway what would I know, I am sure SVM will get this one done.
Ann: Result of UK Placing, page-150
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| CLA (ASX) Chart |