Golden Investments says Stanmore offer final

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Golden Investments says Stanmore offer final
Golden Investments says Stanmore offer final

PERTH (miningweekly.com) – Suitor Golden Investments has told the shareholders of ASX-listed Stanmore Coal that it will not be increasing its offer price of 95c a share, and that it will not extend its offer date past January 22. Stanmore in December urged shareholders to reject the offer, saying the price was “materially inadequate” and did not provide an appropriate control premium. At the time, the coal miner told shareholders that independent expert BDO Corporate Finance had estimated the co...

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Golden Investments
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Golden Investments says Stanmore offer