Rio being a substantial holder also has to notify ASX of any changes to that substantial holding - UP OR DOWN.
There are so many possibles - top 20 hold almost 80% of shares - seller could be Chinese held under a fund listed in that top 20 who got pissed they were overlooked at opportunity to become the substantial partner - I have no doubts given their attraction for African investment in minerals they were in discussions at some level with SVM management - anyway hopefully it is over and fair value is to be restored soon in lead up and beyond PFS release. Perhaps why management and Srotty have been quiet - waiting for this divestment to occur.
Rio being a substantial holder also has to notify ASX of any...
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Last
61.5¢ |
Change
0.010(1.65%) |
Mkt cap ! $361.5M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.0¢ | 61.5¢ | $3.556K | 5.754K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18000 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 2726 | 3 |
View Market Depth
| Last trade - 10.34am 02/09/2024 (20 minute delay) ? |
| SVM (ASX) Chart |