SBL 0.00% 0.1¢ signature metals limited

Ann: Change in substantial holding , page-4

  1. 122 Posts.
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    In 2 days LG have given us a profit warning, Bidder Statement 4 and increased their shareholding by 1.42% to 29% for a hypothetically sensational offer for our company as long as all the planets of the universe line up.

    Weiss in 2 days have increased their holding by 4% to 10.5% on market in cold hard cash. That has solved the 90% issue of compulsary aquisition. Not that LG was ever going to get anywhere near that.

    It's easy to see who has the cash and power.

    In a game of Chess i would say that is Check !

    Your move LG. Get out of that one.

    Next gambits for Weiss

    A position on board for Weiss ?

    How big a Share Holding position ?

    Launch a realistic takeover bid ?

    Question Woods and Co. about their loyalties now that the game has changed ?

    We're more likely to be taken over by Weiss than LG at this time.

    With a King and a few Pawns its going to be impossible for LG to win this one against A King and a full arsenal (real cash).

    IMO a couple of feeble attempts by LG moving out of Check before Weiss ultimately calls CHECKMATE !

    All we can hope for is that the fight leaves us with a substantial SH or 2 ( don't forget Centaurus)who have put up real cash for their holdings, who have a long term commitment to our company which moves the SP up reflecting the real value of our company.

    Stay strong. Don't sell !!!!





 
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