SPR spartan resources limited

If the deal is so underwhelming then why haven't shareholders...

  1. 3,930 Posts.
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    If the deal is so underwhelming then why haven't shareholders bought more? Why are shares in SPR being traded everyday?

    Shareholders will either take the profits as they nearly always do or kick back and enjoy the combined entity.

    Aren't all scenarios like this - a done deal? Key shareholders locked up and a 20% RMS stake. This merger happening wasn't hard to pick - if a large company wanted SPR why would they be waiting?

    The good news for SPR is they still get access to the upside from the project whilst being in a company spinning out massive profits.
 
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(20min delay)
Last
$2.16
Change
-0.110(4.85%)
Mkt cap ! $2.787B
Open High Low Value Volume
$2.28 $2.29 $2.16 $5.533M 2.484M

Buyers (Bids)

No. Vol. Price($)
29 52537 $2.16
 

Sellers (Offers)

Price($) Vol. No.
$2.17 81300 29
View Market Depth
Last trade - 12.35pm 16/06/2025 (20 minute delay) ?
SPR (ASX) Chart
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