Going out on a limb - History tells us that this bid is: Hypnotic delusional - just on 1 criteria alone Dr Forrest or My Hyde (BHP) aren't in this for roughly 10 or 15% uplift from their shareholdings the recent Canadian example is enough. Lets see - we are all used to humbling experiences in the algo markets.
IGO are very good in using ESG speak though although they do sound a bit like a virus:
"We work proactively, not just to sustain the wellbeing of our people and host communities, but to improve their wellbeing. We run a range of wellness initiatives internal to our business targeted at employees and our permanent contractors. Similarly, we support a range of programs in our host communities. For detail, refer to IGO’s annual Sustainability Reports."
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- Ann: IGO: to acquire Western Areas via board recommended scheme
Ann: IGO: to acquire Western Areas via board recommended scheme, page-68
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