Call me a novice, but I am starting to get confused with all of these TYC happenings.
Skafell have been wanting to buy Tethyan for the last 6-9 months and have been filling our rubbish bins as their bid is too low.
Antofagasta come along as a white knight and offer $1.20 per share whereupon the directors of the company recommend that shareholders accept the offer.
Now we have a $5million placement at $1.20 per share so that Tethyan can carry on their business as per normal.
So am I soon going to be forced to make a nice tidy profit out of this company or am I about to get further involved?
- Forums
- ASX - By Stock
- confused
TYC
tethyan copper company limited