Not if SBM flatly didn't engage with SLR. If a formal proposal...

Not if SBM flatly didn't engage with SLR. If a formal proposal was put to management, yes I agree. But the headline of the SLR media release says clearly, "SBM Declines To Engage With SLR On Competing Proposal ... ". Sounds like they flat out weren't interested in any dialogue whatsoever. So from my pov this news demonstrates SLR management is quietly in the background looking for deals but nothing material occurred today despite the SP being sold off on what should have otherwise been a positive day for the SP on the back of the Fed announcement and the soaring PoG.
GLTAH!