It would make sense for SFR to take TLM over, to build one plant to gain economies across the two tenements. SFR have the higher share price, at the moment, so they could buy TLM with shares. SFR will probably wait for the tenements to be granted, but before drilling starts / full results are published. Alternatively OZ could come along and buy TLM out, they have the cash reserves.
It would make sense for SFR to take TLM over, to build one plant...
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Last
25.0¢ |
Change
-0.010(3.85%) |
Mkt cap ! $47.08M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 25.0¢ | $38.50K | 154.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 104 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 99998 | 1 |
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| Last trade - 15.29pm 03/07/2024 (20 minute delay) ? |
| TLM (ASX) Chart |