Its a tricky announcement. Since it is unsolicited they cannot do what they usually do and talk up the mine, because that would walk up the price or encourage existing holders to vote against.
I have not seen these guys do a bad deal, so this strikes me as positive news.
Ann: Northern Star makes $150M offer for 49% stake in EKJV, page-2
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$17.60 |
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Mkt cap ! $18.16B | |||
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