I forgot one thing. Most people here assumes (and have motives for that, observing the behaviour of the company since January) that there will be a TO offer. Since Monday I think the opposite. And I assume that I might be wrong, and of course I expect to be. But is enough for a large shareholder to convince the board it would be of benefit to develop the asset instead of sell it. Just that. It's cheaper than making a TO, and not as smelly as forcing a delisting. It's a nowhere's land.
After all, Minmetals was hired by the company, but, im the end, serviced and was paid by two shareholders, one of them a board member. That's an evident conflict of interest easier to solve if Sturec is developed. Not directly sold. Not sold as in a TO of the company. Not snatched as in a forced delisting.
And nobody could tell a word. After all, developing Sturec would be "in the shareholders best interests". In a five year timeframe, of course. But that would be a detail in the small prints.
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Ann: Request for Extension to Voluntary Suspension, page-98
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.22M |
Open | High | Low | Value | Volume |
13.0¢ | 14.0¢ | 12.5¢ | $9.223K | 70.50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 5193 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.130 |
3 | 40619 | 0.125 |
2 | 108341 | 0.120 |
1 | 10000 | 0.100 |
1 | 10500 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 5193 | 2 |
0.145 | 346700 | 4 |
0.150 | 50000 | 1 |
0.155 | 42840 | 2 |
0.195 | 1250 | 1 |
Last trade - 15.31pm 24/06/2025 (20 minute delay) ? |
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