Speculation on M&A is not for me to say, as it is just spec. I see a very bright future for VLT through sustained contract wins (organic growth) with ASX listed miners and the sleeping gaint being insurance companies rolling out the VLT platform on behalf of clients to lower premiums but gain larger market share. If someone wants to bid for them at a massive premium well great, but until then its all go go go.
The M&A aspect with SAI is massive for the ASX in general, as I cant remember the last time a deal was struck of this scale in this space by an ASX listed. Someone else might be able to give some insight on that?
VLT Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held