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richrichie

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21/02/19

09:22

Post #: 37510599
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Originally posted by RoyE: ↑

Just FYI, there was a short article in The Weekend Australian this weekend saying that SFR may be interested in taking over MLX and/or PAN. Personally I doubt it as they are already in the process of bidding for MOD, however you never know what plays out. They do need a new project and certainly have firepower with their cash holdings and over inflated scrip. Watch this space!

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I doubt it too. I can't see SFR interested PAN, but it could be more into MLX. MLX is tricky for SFR, as Nifty hasn't been a great asset for MLX. Renison tin isn't really SFR's cuppa tea.

MOD is still a target and Macquarie seems too think so.
https://www.macquarie.com.au/dafiles/Internet/mgl/au/apps/retail-newsletter/docs/2019-02/SFR190219e.pdf

MOD Price at posting: 32.5¢ Sentiment: None Disclosure: Not Held
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