EMR 3.52% $3.53 emerald resources nl

Ann: Recommended Takeover Offer of Bullseye Mining Limited, page-9

  1. 204 Posts.
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    Correct me if I'm wrong but didn't Red's takeover amount to less than A$5m at the time. The resource is marginally bigger today and the gold price is higher and the asking price is now well over A$100m.

    Wow, the difference a few years makes! To be fair the Red offer was opportunistic and was accordingly rejected.
 
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