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The Namibian Competition Commission has approved the possible acquisition of control of Extract Resources Limited (ASX:EXT) (TSX:EXT) (NSX:EXT) by Taurus Minerals Limited.
Taurus has been given the green light by ASIC to acquire an interest of more than 20 per cent of Extract’s shares provided that Taurus makes a downstream offer.
Extract says its independent directors are still reviewing opportunities to maximise shareholder value and intend to make a recommendation if and when an offer is made.
Extract Resources reported a net loss of $55 million in the 2011 financial year.
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.72M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $1.025K | 102.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 800000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 5441967 | 6 |
View Market Depth
| Last trade - 09.59am 23/07/2025 (20 minute delay) ? |
| EXT (ASX) Chart |