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#ASX Announcements - Silk Logis
Added 5 months ago

Proposed scheme of arrangement to acquire 100% of SLH shares @ $2.14 per share. While fairly new to DCF world, which means my arithmetic is probably wrong, I had a value of over $3 by FY 28.

The Board is recommending shareholders approve the bid in the absence of a higher offer.

It still has to be approved by the FIRB....here's the announcement for those who are interested.

https://investorpa.com/announcement-pdf/20241111/65356.pdf