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14.7% 2.9¢ blackstone minerals limited

JV Update, page-33

  1. rick26
    5,315 Posts.
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    29/08/24
    11:05
    Post #: 75431609
    Panoramic was delisted and they're under a DOCA offer right now. IGO were going to launch a takeover for it in 2019 for $312m but pulled back. They still apparently own 21% so they could be the ones offering the DOCA to take it over now. If it's them and they're interested in the refinery in Vietnam as well now they've pulled back on their plans for the Kwinana pCAM refinery then could it have been their brokers pushing down the price of BSX on the market in the hope of a cheap takeover here? Or is that too cynical?


    https://www.igo.com.au/site/pdf/95af7134-6a00-4614-a369-13401259794d/Investor-presentation-takeover-bid-for-Panoramic-Resources.pdf
    BSX Price at posting: 4.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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