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The latest announcement is out from Brightstar Resources Limited ( (AU:BTR) ).
Aurumin Limited, a company listed on the Australian Securities Exchange, has announced a proposed acquisition by Brightstar Resources Limited through schemes of arrangement. The Scheme Booklet, which includes an Independent Expert’s Report, has been registered with the Australian Securities and Investments Commission. The report concludes that the schemes are fair and reasonable, and the Aurumin Board recommends that securityholders vote in favor of the schemes at the upcoming meetings, barring any superior proposals.
The most recent analyst rating on (AU:BTR) stock is a Buy with a A$1.59 price target. To see the full list of analyst forecasts on Brightstar Resources Limited stock, see the AU:BTR Stock Forecast page.
More about Brightstar Resources Limited
Average Trading Volume: 3,651,085
Technical Sentiment Signal: Buy
Current Market Cap: A$333.1M
See more insights into BTR stock on TipRanks’ Stock Analysis page.