Highlights:
Ramelius has submitted a conditional, non-binding and incomplete proposal for an increase in consideration to the current Explaurum Takeover Offer
Proposed addition of $0.05 cash per EXU share to existing 1:4 scrip offer valuing Explaurum at $0.1525 per share
Ramelius granted confirmatory due diligence period in which to finalise its proposed offer in collaboration with EXU board
Current offer extended to 21 December 2018
15 cents was the value I said I'd seriously consider accepting. I am seriously considering this offer now.
Would love to hear everyone's thoughts and opinions.
EXU Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held