i personally think one of the majority holders have done a deal with the SL govt
let them buy SRX cheap and they will split the difference in real value 50:50 with the SL govt
say MC = 66M
true value 100m
difference 34m - split 50% to SL govt.
therefore - i dont think there will be a higher bidder
Ann: Board Recommended Takeover Offer From Gemcorp, page-20
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.64M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 19.0¢ | $289.9K | 1.524M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45930 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 504000 | 3 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| SRX (ASX) Chart |