RE: FIRB - I assume that this makes it basically impossible for any Chinese player to submit a counter bid for LRS.
Also - from all the Sigma CEO interviews I’ve seen, it seems clear that Ana won’t be selling Sigma under $30 a share which means that there’s next to no chance of Sigma being bought in the next 12 months.
The most recent interview from 2 weeks ago had Ana saying pretty much quote unquote that Sigma is dedicated to producing and isn’t entertaining any sale talk.
Ann: Becoming a substantial holder, page-21
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Last
19.3¢ |
Change
0.003(1.32%) |
Mkt cap ! $546.2M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.8¢ | 19.0¢ | $1.050M | 5.463M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 846901 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 3280789 | 19 |
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| Last trade - 13.34pm 04/11/2024 (20 minute delay) ? |
| LRS (ASX) Chart |