Market jitters that Gina Rinehart’s Hancock Prospecting and SQM would be blocked from getting their hands on Azure Minerals for $1.7 billion have been quelled.
The Foreign Investment Review Board has given the nod to Chilean giant SQM and Hancock’s joint proposal lobbed in December for an all-cash $3.70-a-share scheme of arrangement, which, if not successful, will trigger an off-market takeover priced at $3.65 each.
—//—
Just between us darlings …. This has to be good news for Wildcat
A joint bid for WC8 from Gina/SQM must now be on the cards imho
Tabba Tabba can be developed years earlier than Azure/Andover and the 2 projects could share infrastructure
Gina has the bullets (and the Australian content) and SQM has the global marketing and processing expertise
Market jitters that Gina Rinehart’s Hancock Prospecting and SQM...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WC8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
26.0¢ |
Change
0.020(8.33%) |
Mkt cap ! $313.7M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 26.8¢ | 24.5¢ | $914.7K | 3.523M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 93686 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 66788 | 3 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| WC8 (ASX) Chart |