Correct
The shares in RED held by SLR are to be treated via section 259D of the corporations act. https://www5.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s259d.html
So either shares cancelled which is effectively a no cash buy back or a cash transaction some how like a special dividend? Even LT ain't that stupid. On that basis a great buying opportunity which I have taken
Ann: Presentation - Red 5 and Silver Lake Resources to Merge, page-48
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Last
$1.57 |
Change
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Mkt cap ! $1.496B | |||
| Open | High | Low | Value | Volume |
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