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AFR report Glencore takes close look at SYR, page-10

  1. 931 Posts.
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    If the speculation is true then a $2b offer values it at more than $12 per share and yet the directors (who have a lot of skin in the game) have rejected that as they think it's worth much more!! The article also infers there have been approaches from 'others'.. Nothing like a bidding war between 2 or more parties to put a rocket under the share price..
 
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