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...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SVM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
68.5¢ |
Change
0.010(1.48%) |
Mkt cap ! $409.3M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 69.5¢ | 66.0¢ | $292.0K | 431.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 26999 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 19999 | 2 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| SVM (ASX) Chart |