They never adjusted their offer. Its still tied at 2.14 ratio....

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jinx83

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23/09/23

10:24

Post #: 69990137
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Originally posted by colgm: ↑

yes a marginal improvement to offer. SYM has reasonable metrics with profit divs & growth.

SLC will be carrying debt, and has a way to go on a pathway to our position.

an improved offer but parking Board in a corner making the revised offer final. (It is a take it or leave it moment)

SLC due diligence clearly shows they see very good accretive earnings. Suggest the accretive return would be way above 10% or they would not bother to adjust their offer. Just saying ….

Personally don’t see an escalation in the SLC share price with a new combined entity so owning say 50% of SLC shares on circa 1:2 basis is as interesting to me as a ticket on the Ghan in wet season.

hope the Board do serious homework on SLC’s path to potential sustained profitability. Otherwise we gift them a superior business to add to an underperforming one. A I M O

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They never adjusted their offer. Its still tied at 2.14 ratio. The only reason its more is because SLC share price has gone up since offer.

SYM Price at posting: $2.62 Sentiment: Hold Disclosure: Held
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They never adjusted their offer. Its still tied at 2.14 ratio....

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