The bid has to be revised or risk a counter offer. Maybe this is managements rationale By recommending share holders accept the offer, Might flush out other suitors that are sitting on the sideline. I would have thought Hudbay would have been interested.
Plenty of time till we vote, So that's a plus. 5c way undervalued very opportunistic !
I wonder how the recent board appointments would benefit from this proposed offer ? I have a slight aroma of fish in my nostrils !
NWC Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held
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