.
Taurus Minerals Limited has received acceptances under its offer for Extract Resources Limited’s (ASX:EXT, TSX:EXT, NSX:EXT) major shareholder, Kalahari Minerals, of 89.5 per cent.
It must now proceed with its takeover offer of Extract Resources for $8.65 per share by the start of next month.
In a statement Extract says its independent directors are investigating whether there are any available alternatives to maximise value for shareholders.
Extract Resources reported a net loss of $55 million in the 2011 financial year.
News: Extract to receive offer by March
Add EXT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.63M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $10.38K | 1.268M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2633426 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 4663246 | 7 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| EXT (ASX) Chart |