SPR 17.3% $1.24 spartan resources limited

Ann: RMS: Ramelius makes strategic investment in Spartan Resourc., page-143

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  1. 1,354 Posts.
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    "Zeptner has the keys to never never". I beg to differ on that statement- not yet anyway. That's what Zeptner hopes you believe but it's not the reality.A sub 18% holding gives RMS a very good head-start on anyone wanting to have a crack but to say it's already over at such an early juncture is premature I think. Simon as MD has a very substantial holding here, a once in a career opportunity for most company heads and the most clout on the Board- can you really see him caving and giving this away? I can't. SPR might not have the time to more fully test its tenements and realise its full value for holders (whatever that may be) but I can't see SPR shareholders rolling over for a cut price offer that leaves all the untested upside on the table for RMS. This has only just started, we're nearer the beginning of corporate maneuverings, not the end yet
 
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Last
$1.24
Change
-0.260(17.3%)
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$1.38 $1.40 $1.24 $22.17M 17.33M

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No. Vol. Price($)
14 129011 $1.24
 

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Price($) Vol. No.
$1.25 66265 3
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