SBM 0.00% 20.0¢ st barbara limited

Ann: SLR:SLR Ready to Rapidly Progress Revised Leonora Proposal, page-7

  1. 12,407 Posts.
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    SLR share price down 2.8% already this morning. The market does not like the conditional bid still subject to Due Diligence.

    Therein lies the essential problem for the SBM board an unconditional offer versus a conditional offer.

    Most Boards crave certainty, especially those with covenant breaches and debt repayment deadlines looming.
 
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