Date: 5/12/2006
Author: Jo Clarke
Source: The Australian Financial Review --- Page: 47
Avoca Resources is believed to be close to negotiating a deal to gain control of Croesus Mining's Norseman mine. In early December 2006, Avoca is reportedly discussing a transaction with the administrators of Croesus, under which it would pay a price ranging from between $A35 million and $A70 million for the Western Australian gold mine asset and surrounding territory. Pitcher Partners had set an asking price closer to $A100 million. However, while Croesus administrator, Bryan Hughes, has conceded a deal is close to being reached, he has declined to comment on the potential buyer or on the terms of the agreement. Avoca shares lifted $A0.02 on 4 December 2006, to $A1.44.
Avoca's share price up over 10% today with good volume - on no news???? ....mmmmmm!!
Date: 5/12/2006 Author: Jo Clarke Source: The Australian...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CRS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $9.500M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.1¢ | $20.80K | 946.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 533660 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 616191 | 2 |
View Market Depth
| Last trade - 11.59am 04/12/2024 (20 minute delay) ? |
| CRS (ASX) Chart |
