I wont be voting for the takeover offer. SBL is worth more than 2 cents for sure, with a soon to be operational plant and the huge potential in exploration discoveries.
For the past few weeks, I had observed suspicious downward manipulation of the share price, someone was keeping the share price low, so now we know the reason.
I am expecting a higher bid to come from Lion if this 1st offer is rejected (as they say always bid low first). Who knows, there might be another big gold miner lurking around the bush as well.
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