Ramelius Resources’ friendly takeover bid for ASX-listed Spectrum Metals is gathering momentum with Ramelius’ relevant interest in Spectrum now hitting 77.48%. Ramelius has extended its offer to remaining shareholders until the 29th of May whilst at the same time declaring the offer to be fixed and final. Ramelius also said that Spectrum shareholders who choose not to sell may be disadvantaged by a lack of liquidity.
23/04/2020 - 13:49
Ramelius hits 77.5 per cent of Spectrum in friendly takeover bid
By Matt Birney
23/04/2020 - 13:49
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Rank Company Revenue 143rd Spectrum Metals $1.1m 161st Tanga Resources $807k 162nd Critical Resources $794k 164th Oar Resources $773k 165th Great Southern Mining $766k 604 listed resources wa companies ranked by revenue.
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