Yeah - all we can go on is intuition and gut feelings at the moment. I'm of a similar opinion to yourself that maybe GMD might have seen a better option/possibility of a transaction which swings the scales more in their favour, its unclear if thats getting the SBM assets at a cheaper price is it or if its another merger or asset that might be strategically a better option instead or or in addition to the SBM assets.
Whatever the case the negotiating position might have changed and SBM might be a "nice to have but only at a better price" option rather than a must-have.
The other option is maybe SBM woke up to the increasing gold price and possible improved sentiment in the gold space and think that they can negotiate a better deal....
Yeah - all we can go on is intuition and gut feelings at the...
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Last
$2.04 |
Change
0.020(0.99%) |
Mkt cap ! $2.302B | |||
| Open | High | Low | Value | Volume |
| $2.02 | $2.05 | $1.98 | $5.543M | 2.738M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14000 | $2.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 18808 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| GMD (ASX) Chart |