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
94.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $198.5M | |||
| Open | High | Low | Value | Volume |
| 94.5¢ | 96.0¢ | 94.0¢ | $38.78K | 41.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 11269 | 94.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.5¢ | 670 | 5 |
View Market Depth
| Last trade - 11.27am 10/05/2024 (20 minute delay) ? |
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Last
94.0¢ |
Change
0.000 ( 0.02 %) |
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| Open | High | Low | Volume | ||
| 94.0¢ | 95.0¢ | 94.0¢ | 5570 | ||
| Last updated 11.50am 10/05/2024 ? | |||||
| SVR (ASX) Chart |