The problem is that Rio can't go above 20% without making an official take-over. Currently Rio owns ~83m shares (15%) and including their options they will have 19.99% of SVM shares. Makes little sense to buy now...what...3.2m shares???
Maybe I'm wrong but highly unlikely...and if it was them we will know v v soon.
The problem is that Rio can't go above 20% without making an...
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Last
65.5¢ |
Change
0.030(4.80%) |
Mkt cap ! $391.3M | |||
| Open | High | Low | Value | Volume |
| 63.5¢ | 66.5¢ | 63.5¢ | $165.8K | 253.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3599 | 65.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SVM (ASX) Chart |