I understand that there was anothwer bid for Tropicana at much the same amount but that they prposed that the payment should be in two parts (i.e one at purchase and another 6 months after) so IGO went for the RRL bifd which was all at purchase. Still some way to go to the CR share price though (A$2.72)
RRL Price at posting:
$2.04 Sentiment: Hold Disclosure: Held
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