SMM 0.00% 0.3¢ somerset minerals limited

Nah - don't be concerned - the announcement gives rise for much...

  1. 875 Posts.
    Nah - don't be concerned - the announcement gives rise for much optimism.

    Announcement clearly says "Summit is in advanced discussions with a third party in connection with an alternative proposal to the hostile takeover offer by Paladin Resources Ltd."

    They won't be in advanced discussions for a deal worse than the PDN offer ............. and all this stuff usually generates interest in the target.

 
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