Looks like a revised bid is coming.
http://m.smh.com.au/business/ferrov...vestors-await-higher-bid-20160226-gn4mzr.html
$1.60 to $1.85.
Reckon it will be on the low end but maybe board can negotiate a franked dividend to take out all the credits.
Anyone know how much franking they have?
- Forums
- ASX - By Stock
- BRS
- Ann: Notice under section 630(2) of the Corporations Act
Ann: Notice under section 630(2) of the Corporations Act, page-5
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales