Directors are meant to act in the best interests of the shareholders.
They should allow SLR to perform due diligence in the hope of getting a better offer.
Had they acted on this offer 4 weeks ago a lot of the conditionality would have been removed by now.
Seriously worth testing the integrity of the directors with ASIC in my view.
I suspect some of the larger shareholders will do just that.
SLR have cash producing operating mines up and running now. Unlike GMD they aren't a paper tiger.
On an operational basis they pose much less risk in my view.
GLTA/IMHO
Ann: No material improvement in Silver Lake proposal for Leonora, page-2
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.0¢ |
Change
-0.020(8.00%) |
Mkt cap ! $188.2M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 23.0¢ | $660.7K | 2.816M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 1115888 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 253400 | 3 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| SBM (ASX) Chart |