STM sunstone metals ltd

Raymond's post of selling Limon suggests that there is only one...

  1. 1,076 Posts.
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    Raymond's post of selling Limon suggests that there is only one bidder and one deal being considered - in other words they are backed into a corner with only one deal on the table and that bidder knows that they are the only partner at the dance.

    I don't believe that is the case (in either sense of number of bidders or potential deal options).

    Everything to date suggests that there is more than one bidder and irrespective, I don't see that the Board would agree to separating Limon from Brama given how one leads to the other. That would be a very stark case of cutting off your nose despite your face and this Board and management are way too experienced to do that.

    So, making the assumption that Limon is about to be sold and Brama is a fizzer is, in my view, speculation at the silly end of the scale and is really drawing a very long bow.

    Last edited by jdpc35: 19/02/25
 
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Last
1.7¢
Change
0.000(0.00%)
Mkt cap ! $104.8M
Open High Low Value Volume
1.7¢ 1.7¢ 1.6¢ $42.95K 2.529M

Buyers (Bids)

No. Vol. Price($)
11 5971015 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 3496790 5
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Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
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