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16.7% 0.7¢ energy resources of australia limited

rio's rival drops hathor bid

  1. earthFirst
    64 Posts.
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    30/11/11
    13:49
    Post #: 9367338
    from http://www.abc.net.au/lateline/business/items/201111/s3379601.htm

    "The bidding war has seen Hathor's share price shoot up 75 per cent in three months flat, as Rio battled another Canadian company, Cameco, the world's largest listed uranium miner. Rio's offer for Hathor at $658 million - too rich for Cameco, which admitted defeat, claiming it was worried about paying too much."
    ERA Price at posting: $1.41 Sentiment: None Disclosure: Not Held
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