Barrenjoey raids Regis Resources for Andrew Forrest
Jun 30, 2022 – 5.46pmAndrew Forrest’s understood to be seeking a 19.9 per cent stake in gold miner Regis Resources in an after market raid on Thursday.
Barrenjoey was buying for Andrwe Forrest’s Wyloo. Bloomberg
Forrest had Barrenjoey’s equities desk seeking shares.
The broker was offering $1.48 a share, which was a 13.8 per cent premium to the last close.
It was buying for Wyloo Consolidated Investments, according to terms sent to potential sellers.
The raid was for a 15 per cent stake or 113 million shares, with Wyloo already sitting on 4.9 per cent of Regis Resources’ shares on issue.
more to come
Barrenjoey raids Regis Resources for Andrew ForrestAnthony...
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 7 | 92731 | $1.67 |
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| Price($) | Vol. | No. |
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| $1.67 | 41930 | 4 |
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