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...
Add SRX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.17M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $244.8K | 1.891M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 310000 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 537418 | 15 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
|
Last
12.8¢ |
Change
0.000 ( 2.00 %) |
||||
| Open | High | Low | Volume | ||
| 12.5¢ | 13.5¢ | 12.5¢ | 262195 | ||
| Last updated 15.50pm 21/05/2024 ? | |||||
| SRX (ASX) Chart |