I wouldn't worry about an OZL takeover VC. OZ management have shown their conservative nature time and time again.
If an offer does come, I feel it will only be after further exploration success and in that case it may be from a party other than OZ. In any case the share price would be higher due to the extra find.
But only speculation.
Either way, with it's high-margin product (5% Cu) SFR will enjoy healthy profits even with a depressed copper price. Something that should not be discounted.
sandfire takeover, page-5
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Last
$8.03 |
Change
0.220(2.82%) |
Mkt cap ! $3.672B | |||
| Open | High | Low | Value | Volume |
| $8.09 | $8.19 | $7.96 | $18.47M | 2.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 648 | $8.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.06 | 3000 | 1 |
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