Very interesting. Sparta AG/Delphi already been loading up heavy in FFR assuming the merge will happen. Guess it comes down to where the big players like Sparta see the value..
I would happily take this offer on the table, much better than the dilution via FFR and a guaranteed return from these levels. No guarantees with FFR/GCY considering the market smashed GCY on the merge news and it has not recovered since.
Hypothetically, if ths were to go ahead, you would see Sparta domp their FFR holdings and you wouldn't want to be an FFR hodler in that scenario..
Ann: WGX: Westgold to Make Takeover Bid for Gascoyne Resources, page-7
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Last
$1.35 |
Change
-0.005(0.37%) |
Mkt cap ! $1.494B | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.38 | $1.33 | $6.638M | 4.888M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7403 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 5998 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SPR (ASX) Chart |