The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
IMO, these sells are like transactions under the counter , with such volume of sells I would be expecting this SP to be dropping to the floor , but hardly a half pence movement .very odd ,IMO .perhaps an RNS will clarify shortly.
IMO,an offer of a takeover must be close , how many more shares do you throw away just to keep the SP down ,it looks as though some serious mining occurs in June 2024 , that’s only 18 months away, that’s a very short time to get a takeover done and dusted , even SD has said they are targets of a possible takeover.
As you can see from the job advertisements, this mine is not going to be delayed, the fixed contracts are only till June 2024 , so if you’re going to come and work here for 18 months only , you’d need to know looking forward to what opportunities could be on the horizon, I expect a takeover offer within 8 months, IMO .