SBL 0.00% 0.1¢ signature metals limited

scenarios, page-6

  1. 258 Posts.
    Hi Japes,

    IMO, it would be counter intuitive for SBL to issue shares to friendly SI's just so LG could obtain >90% holding. Reason being if they do do this, SBL's SP will be diluted and it will appear badly in LG's book. I do not think this is the right strategy to implement to obtain >90%. Also, SBL recently acquired a loan (which I suspect is from LG) rather than raising funds from another CR or placement.

    Correct me if I am wrong, but I think you could request the new shareholder listing from the share registry, Computershare in this case. Its free public info. I believe.
 
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