ConsMin just approved the takeover...
http://www.theaustralian.com.au/business/city-beat/consmin-backs-345m-bid-for-bc-iron/story-fn4xq4cj-1225993496486
"A CONSOLIDATED Minerals appointee on the board of BC Iron has backed a $345 million cash offer by Regent Pacific Group.
In a clarification to their $3.30-a-share offer released Friday, Regent Pacific said Glenn Baldwin, chief executive of manganese, chromite and nickel miner ConsMin, had supported the bid in his capacity as a director of BC Iron.
Hong Kong-based mining investor Regent Pacific and ConsMin are the two largest shareholders in BC Iron, with respective 19.9 per cent and 21.1 per cent stakes.
BC Iron, a Western Australian iron ore miner, is due to earn its first revenues this month after shipping ore from its 50-50 Nullagine joint venture with Fortescue Metals Group to Fortescue's terminal in Port Hedland. "
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $894.5M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 30.0¢ | $162.7K | 526.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 52503 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 8639 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BCI (ASX) Chart |