The implementation via on market acquisition versus scheme of arrangement effectively amounts to a hostile takeover... i believe the new controlling entity will have some sort of behind the scenes understanding with the SL government and miraculously come to a deal to continue operations, once they have control.
Existing large holders will have been told this...yes this materially undervalues the company but i believe there is a gun to current holders heads.
The implementation via on market acquisition versus scheme of...
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $74.27M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.5¢ | $224.5K | 1.248M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 6953253 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 2743037 | 9 |
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| Last trade - 15.03pm 24/07/2024 (20 minute delay) ? |
| SRX (ASX) Chart |