Thank you Max. That clearly explains a clear cut very favourable situation for SVM. Other parties have enquired as I suggested - pretty clear RIO fast tracked this current situation - will have a seat on board of directors - 3 key personnel at project level and will likely want to move and take the lot prior to DFS release.
SVM on the other hand are now cashed to complete that DFS and will hold off I suspect on any early takeover to ensure maximum benefit to shareholders.
Ann: Rio to Invest $40.4m to Become a 15% Strategic Investor, page-39
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Last
58.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $329.3M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 58.5¢ | 57.5¢ | $39.50K | 68.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 18897 | 2 |
View Market Depth
| Last trade - 11.27am 14/06/2024 (20 minute delay) ? |
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Last
57.5¢ |
Change
0.000 ( 0.86 %) |
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| Open | High | Low | Volume | ||
| 58.0¢ | 58.5¢ | 57.5¢ | 14784 | ||
| Last updated 11.18am 14/06/2024 ? | |||||
| SVM (ASX) Chart |