I posted this across at the TLM thread, what do you SFR shareholders think?
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Given the run the Sandfire share price has enjoyed up to $8 and the downward trajectory of TLMs share price, wouldn't you think they would want to take advantage of that by bidding for control of TLM?
If I was CEO at Sandfire I would put a bid on the table at 34c with a mix of cash and shares and a minimum acceptance condition of 51%.
Leave Harmanis holding a minority position and get on with business.
I can't see any downside for Sandfire, it's a no-brainer for me.
shame on SFR, page-7
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Last
$10.27 |
Change
0.060(0.59%) |
Mkt cap ! $4.190B | |||
| Open | High | Low | Value | Volume |
| $10.31 | $10.42 | $10.18 | $14.51M | 1.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5465 | $10.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.29 | 2241 | 2 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| SFR (ASX) Chart |
