28/10/2019 - 15:49

Azumah board says “sell” after pushing price up

28/10/2019 - 15:49

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The board of Azumah Resources’ has successfully held out for more money as Ibaera Capital’s increased takeover offer of 3.3 cents a share finally gets the nod from Directors. The new offer represents a 136% premium to the company’s closing price before the original offer was made in September and an 18% premium to the 2.8c per share offer made by Ibaera at that time.

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