AB1 abarta resources limited

Announcement does say proposed investment in the Company. Sounds...

  1. 4,563 Posts.
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    Announcement does say proposed investment in the Company.

    Sounds like it may need SH approval.

    Judging by the reaction on the market yesterday I can't imagine there is a discount to the market price on offer. Looking at other deals AB1 has done it's rarely a straight cash for shares deal. It's usually involved stock swaps and contingent milestones.

    AB1 are certainly building up their warchest at present.
 
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Currently unlisted public company.

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