SBL 0.00% 0.1¢ signature metals limited

Ann: Loan Agreement , page-25

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  1. 244 Posts.
    peteski,

    You kinda beat me to it regarding my other post!

    I think it was FRS that offered a 1/4 scrip deal as the clincher, rather than cash. I'd be keen to confirm though, particularly if I'm worng.

    Why you'd accept the offer and then dump on SGX at a price you could get on ASX at the close of the offer I'll never know!

    For Fox ... when I said 'perhaps I should have accepted the offer' it was a bit tongue in cheek and in awe of LG's bold attacks and wily business 'acumen'. I'm not really sitting on any regret, I'm actually learning a lot from the processes and am mentally putting aside the loss for now (I'm actually growing more confident that I'll recover it in the next 6 months)!

    Sorry not to have clarified sooner.

    Best to all, I'm looking forward to your discussions over the coming days and weeks.

    COLCOM
 
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