https://finance.yahoo.com/news/sibanye-stillwater-loses-1-2-104327895.html
I think SSW are not in a position to make any M&A regardless of what they say to the media. They have had poor performance and haven't paid the 1.2 billion compensation yet which will draw on their reserves as the article above shows they have been found liable.
They're trying to save face but lets look at the history of Ioneer and SSW......SSW not so good
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9.5¢ |
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Mkt cap ! $247.7M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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7 | 537232 | 9.4¢ |
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Price($) | Vol. | No. |
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9.7¢ | 145000 | 2 |
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No. | Vol. | Price($) |
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6 | 487232 | 0.094 |
3 | 5129370 | 0.093 |
6 | 46169 | 0.092 |
18 | 905426 | 0.091 |
17 | 2180943 | 0.090 |
Price($) | Vol. | No. |
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0.097 | 145000 | 2 |
0.098 | 112189 | 2 |
0.100 | 509514 | 11 |
0.105 | 2102167 | 18 |
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