Who would take them over?
None of the big banks are interested in SVR's core market of sub prime auto lending & I don't think there is a big enough growth rate in a short period of time for PE to be interested.
I don't disagree about how cheap SVR is but it's not in a distressed state that a quick flip is on the cards.
With auto lending being such a fragmented market there aren't any really big players with big enough Balance Sheets to take on SVR.
Takeover target, page-2
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Last
$1.10 |
Change
0.005(0.46%) |
Mkt cap ! $229.1M | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.13 | $1.10 | $403.8K | 364.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19430 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 3272 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| SVR (ASX) Chart |