........ Investor sources, speaking on condition of anonymity, said the transaction would likely be done via a scheme of arrangement given the size of the two gold producers. It’s also expected to be structured as a low-premium merger because of the outperformance of Spartan’s share price compared to Ramelius, and would offer “genuine synergies”, one shareholder said.......
Really? Outperformed last week maybe. We started 2025 circa $1.60 while RMS was sub $2.20. That was before the corporate phukery began where RMS was pumped and SPR dumped.
I'd stay anonymous as well.
There are 'genuine synergies' though.
SPR Price at posting:
$1.60 Sentiment: Buy Disclosure: Held
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