SRX 0.00% 17.5¢ sierra rutile holdings limited

Ann: Takeover bid by PRM Services LLC, page-4

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  1. 370 Posts.
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    There is a high chance more bids are to come.

    I cannot find a relationship between the two new substantial holders - Mano Mining & PRM/Gerald Group.

    If there is no relationship, then we may see a bid coming from Mano Mining. Mano Mining were also buyers up to 14c+ whereas PRM paid no more than ~8c.

    There is also 17m shares on the bid at 9.6c which suggests this might be the case.
 
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