"...BUt i would imagine very shortly possibly as early as tomorrow LION will pounce and buy everything under 2 cents if they havent started on Friday...."
I don't think Lion are able to buy SBL shares on market when the company is under takeover. It would sort of defeat people choosing to accept the takeover, eh, if Lion just bought up all the shares and accepted into their own offer.
More likely that SBL SP will move in line with Lion SP.
SBL Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held