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
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23.0¢ |
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Mkt cap ! $188.2M |
Open | High | Low | Value | Volume |
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22 | 1115888 | 23.0¢ |
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9 | 403295 | 0.225 |
14 | 424650 | 0.220 |
6 | 236479 | 0.215 |
8 | 284150 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 253400 | 3 |
0.240 | 239242 | 8 |
0.245 | 254613 | 8 |
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