Let's do some maths:SNG has approx 207million outstanding...

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    Let's do some maths:
    SNG has approx 207million outstanding shares.
    At the proposed $0.2 raise values SNG at $41million.

    Federation's proposed takeover ratio, 17.5%:82.5%
    (SNG: Federation).
    This values Federation at $195mil against us at $41mil.

    Would I be happy with this? Not really.
    Should be at least 50:50 ratio in my opinion.

    DYOR
 
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(20min delay)
Last
5.3¢
Change
0.000(0.00%)
Mkt cap ! $11.60M
Open High Low Value Volume
5.1¢ 5.4¢ 5.1¢ $6.974K 132.9K

Buyers (Bids)

No. Vol. Price($)
1 3000 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 67909 2
View Market Depth
Last trade - 14.53pm 13/06/2025 (20 minute delay) ?
SNG (ASX) Chart
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