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From the Oz: "Ellison-backed rival AWE bid surfaces Chris...

  1. Guerilla
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    11/12/17
    08:45
    Post #: 29524973
    From the Oz:

    "Ellison-backed rival AWE bid surfaces

    Chris Ellison’s Mineral Resources is set to table a $530 million scrip offer for AWE in an effort to trump China Energy Reserve And Chemical Group’s $460m cash offer.

    It is believed the bid, at a price of about 80c per share — compared to CERCG’s 73c cash offer — will be released this morning."

    DYOR
    AWE Price at posting: 73.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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