The $30m from Rick Rule has CP's of definitive agreements and FIRB approval. You can bet the agreement has a material adverse effect (MAC) clause which allows RR to walk away or, at the very least, re-negotiate the terms of the debenture if such an event occurs. IMO Rick's next move on the debenture will be telling in terms of how difficult a position SVL is in.
The $30m from Rick Rule has CP's of definitive agreements and...
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Last
10.0¢ |
Change
0.010(11.1%) |
Mkt cap ! $150.8M | |||
| Open | High | Low | Value | Volume |
| 9.1¢ | 10.0¢ | 9.1¢ | $1.680M | 17.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 116010 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 565344 | 11 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SVL (ASX) Chart |