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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.
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.65M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $6.738K | 750.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 5629066 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 3000000 | 1 |
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| Last trade - 15.28pm 22/08/2025 (20 minute delay) ? |
| EXT (ASX) Chart |