I can't see this succeeding.
Low ball offer.
Looks like more of an opening gambit, or a test to see what the response is likely to be from Bullseye shareholders.
I think Bullseye shareholders were looking forward to their IPO.
They have probably been building their resources and hopes for an eventual 20c IPO, with some serious investment coming from their Chinese director's contacts.
5% dilution to RED holders, but there are some good resources in BullsEye.
I don't think this will get up without the agreement of all Bullseye directors, including the Chinese.
Gw
Ann: Intention to make Takeover Bid for Bullseye Mining Limited, page-4
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42.5¢ |
Change
0.005(1.19%) |
Mkt cap ! $2.891B | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 43.5¢ | 41.5¢ | $11.42M | 26.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 222136 | 42.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 1437793 | 11 |
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