BLR
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0.00% 0.2¢ black range minerals limited

Ann: Request for Trading Halt, page-33

  1. Hangseng
    13,367 Posts.
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    30/01/15
    13:13
    Post #: 14667501
    No...

    "Under the Offer, Black Range shareholders will receive 1 new Western share for every 750 Black Range shares held. Based on Western’s closing share price of C$4.53 on the CSE on 29 January 2015 and an exchange rate of C$1=A$1.02, the Offer values Black Range at $18.5 million or A$0.00617 per share,"

    Shareholders well and truly shafted!
    BLR Price at posting: 0.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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