I don’t see Aus Super letting any takeover happen as it currently stands.
I believe that there are still 3 series convertible notes outstanding (series 1, 3 and 4) and Aus Super owns c.32% of Syrah. The notes rank equally to other debt.
They could potentially convert these into equity if required. Increasing their ownership %. Then launch their own bid for the company - or in conjunction with a consortium of international (USA?) buyers.
Cheers
DYOR IMO
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Last
39.5¢ |
Change
-0.015(3.66%) |
Mkt cap ! $411.6M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 39.0¢ | $1.446M | 3.644M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 81804 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 10023 | 1 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| SYR (ASX) Chart |