I would anticipate sooner than later for RIO to buy in at lower premium before the SP rolls
That may all be correct. With regard to the price of a takeover, however, the consent of the other shareholders must also be obtained; Sprott alone owns the current (diluted) approx. 10% of the shares of SVM and I cannot imagine that the remaining/required shareholders will agree to a dumping price. Especially not when all the permits and requirements are issued by Malawi and positive PFS.Everything under 1.60 AUD price for a takeover is for me personally unimaginable & acceptable!
RIO TINTO BUY OUT, page-2
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Last
71.5¢ |
Change
-0.015(2.05%) |
Mkt cap ! $428.9M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 71.5¢ | 69.5¢ | $249.6K | 352.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 70276 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 20000 | 1 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| SVM (ASX) Chart |