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
$1.21 |
Change
-0.055(4.37%) |
Mkt cap ! $1.328B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.25 | $1.19 | $10.21M | 8.289M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 57560 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 62384 | 12 |
View Market Depth
| Last trade - 15.45pm 02/08/2024 (20 minute delay) ? |
| SPR (ASX) Chart |