SLC 0.72% $1.39 superloop limited

Ann: ABB: Partial sale of Superloop shareholding, page-2

  1. 141 Posts.
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    That is really astounding.

    From Australian institutions selling 20% of SLC to ABB at 95c/share in late February to ABB being able to sell 8% at $1.31/share (almost +40%) a matter of weeks later in a distressed sale.

    I'm very impressed ABB could achieve that price in a forced sale. It has been some turnaround for SLC from trading at 70c/share level in January and February.
 
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