Regis Resources raid falls just short, Wyloo walks
Andrew Forrest’s Wyloo has walked away from plans to significantly increase its stake in gold miner Regis Resources.Andrew Forrest’s Wyloo will sit on Regis Resources’ register with a 4.9 per cent stake. SuppliedWyloo’s broker, Barrenjoey, told clients on Friday morning that the Thursday night raid had fallen short of its 15 per cent target and would not be proceeding.
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