re: Ann: Market Update - Transaction with LS-... Nothing strange about this outcome. The best result possible for all shareholders. Oz Minerals would be happy too. LOL
The agreement with LS-Nikko was an option that SFR decided not to exercise. To say that they backed down is not an accurate description. My earlier hunch proved correct and Karl used the exact same line in his release yesterday that the situation over at DeGrussa had changed materially. I wonder if he is keeping an eye on Hot Copper. LOL
Guessing there will be some sort of cap raising where we the shareholders will be rewarded. I'm happy to take whatever is on offer.
In the very near term we have the potential for some super duper drilling results news.
Karl recently made a comment that exploration programme is very aggressive but methodical. I'm guessing the next announcement will be drilling related.
I just hope Oz Minerals doesn't launch a takeover bid just quite yet. They do looked poised though.
Ann: Market Update - Transaction with LS-Nikko Co, page-4
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Last
$8.34 |
Change
-0.290(3.36%) |
Mkt cap ! $3.814B | |||
| Open | High | Low | Value | Volume |
| $8.44 | $8.45 | $8.06 | $38.00M | 4.580M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11212 | $8.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.38 | 1974 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SFR (ASX) Chart |