EQR eq resources limited

It is not common practice for a publicly listed company to...

  1. 1,355 Posts.
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    It is not common practice for a publicly listed company to broadcast the fact that they are looking at any target country, company or mine

    You could say that it is noone else's business until the deal is done and properly done

    Its called playing ones cards close to the chest, but apart from that, it could represent a breach of ASIC rules to disclose too much information to the market before a deal is finalised.
    Assessing an acquisition target happens behind "chinese walls" where all parties (Accountants, lawyers etc) are sworn to secrecy and bound to confidentiality.

    Only when the deal is finalised should it/could it be disclosed to the market via an announcement thru the ASX

    Kevin had announced on several occasions that they were receptive to "acquisitions" - thats all he needs to say and thats all he is allowed to say.

    EQR does NOT need your permission or approval.

    So let that be the end of this ridiculous discussion about Spain



 
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3.5¢
Change
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Last trade - 15.17pm 20/06/2025 (20 minute delay) ?
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