VRM
Click for more information
0.00% 0.0¢ verdant minerals ltd

Avanco went to compulsory acquisition. Given the info below I...

  1. Timnea
    842 Posts.
    lightbulb Created with Sketch. 10
    clock Created with Sketch.
    11/03/19
    14:37
    Post #: 37721018


    Avanco went to compulsory acquisition. Given the info below I don't think it can happen in Verdants current situation because of SOLs blocking stake.

    http://www.takeovers.gov.au/content/DisplayDoc.aspx?doc=panel_process/summary_of_takeover_provisions_in_australia.htm

    SOL is in a prime position to make a higher bid and take control if it wants to.
    VRM Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add VRM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.