updated AFR article - seems the bidder does not want to acquire control or make a TO offer for SPR. And they only want to go to at least 10% including the existing 4.75%. Interesting comment at the end that fund managers at the last CR at 58c lapped up the stock - the last insto CR was heavily over subscribed. I wonder if the bidder is an overseas entity and SL recently meet them in London before they decided to increase their stake? If it is a fund manager that bodes well for the SP. Still feel if this is the case the SP may go above 89c tomorrow.
updated AFR article - seems the bidder does not want to acquire...
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Last
98.5¢ |
Change
0.095(10.7%) |
Mkt cap ! $1.088B | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | $1.00 | 90.0¢ | $6.153M | 6.372M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 16444 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SPR (ASX) Chart |