It's called manipulation. SLR now trading at a significant discount to book value. They generated 40 million in FCF last quarter. EV now at 692 million, closer to 650 million when including gold in circuit, concentrate stocks and liquid assets. The message is load and clear. Team Rayleigh will do whatever this takes to close this deal.
SBM Price at posting:
65.5¢ Sentiment: None Disclosure: Not Held
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