SPR spartan resources limited

Bull CaseAbout to hit my RMS takeover conditions..RMS price:...

  1. 746 Posts.
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    Bull Case

    About to hit my RMS takeover conditions..

    RMS price: 2.46
    SPR price: 1.315

    Offer price: 1.90

    0.65 RMS shares per spartan share
    0.30 cash

    RMS need about 350million cash for this to payout PR and the cash payment, the rest script. So pretty easy deal for them.

    Tick Tock.

    Bear Case

    Freak turns out to be nothing special and share price drops further over the next quarter, while RMS rake in the cash and then make a much easier play for SPR next quarter.


    Tick Tock
 
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(20min delay)
Last
$2.02
Change
-0.040(1.94%)
Mkt cap ! $2.588B
Open High Low Value Volume
$2.03 $2.06 $2.01 $22.33M 10.97M

Buyers (Bids)

No. Vol. Price($)
3 27965 $2.02
 

Sellers (Offers)

Price($) Vol. No.
$2.03 26721 4
View Market Depth
Last trade - 16.10pm 19/06/2025 (20 minute delay) ?
SPR (ASX) Chart
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