LMR 0.00% 5.7¢ lemur resources limited

Ann: Takeover Offer from Bushveld Minerals Limited, page-11

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  1. 42 Posts.
    I'm out at .059cps.
    Cash was 7.3cps end of last 1/4. cps I don't understand why a takeover is allowed where the cash offer is way less than cash backing. Are not takeovers supposed to be fair and reasonable as determined by an independent body? Still learning ...
 
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