The following article is good news https://www.theaustralian.com.au/business/dataroom/southern-cross-taps-grant-samuel-for-sale-of-its-television-unit/news-story/131b95f1477f4a20af72d7231f557c7e The person hired to help the sale of telivion unit is known to both SWm and SXL He know the needs of both companies A deal may be done around May 2022 Either SWm will buy the television unit for around 80 mil or there will be a merger between SWM and SXL on share issue script The merger will be benificial to both companies as long as they can get the nod from appropriate authorities Similaer merger happened in Lithium sector between GXY and ORE Good luck
SWM Price at posting:
68.0¢ Sentiment: Buy Disclosure: Held
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