todays announcement is a very good one.
Creates a much simpler corporate structure for Select, with 100% of income from subsidiaries going to shareholders.
For Burnett they get to increase their shareholding and therefore they still have a strong interest.
Good to note that the announcement mentioned R&D arrangements are being formalised.
No movement in share price yet although SLTO is up 100% so someone thinks it was good.
Cheers
Dazzler
- Forums
- ASX - By Stock
- SLT
- good announcement - could be getting set now
good announcement - could be getting set now
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)