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New World Resources Limited ( (AU:NWC) ) has provided an update.
Central Asia Metals Plc (CAML) has initiated an off-market takeover bid for New World Resources Limited, aiming to acquire all ordinary shares of the company. The bidder’s statement and offers have been dispatched to shareholders and holders of convertible securities, marking a significant step in CAML’s strategic expansion efforts.
The most recent analyst rating on (AU:NWC) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on New World Resources Limited stock, see the AU:NWC Stock Forecast page.
More about New World Resources Limited
YTD Price Performance: 272.22%
Average Trading Volume: 27,252,833
Technical Sentiment Signal: Buy
Current Market Cap: A$239.6M
For detailed information about NWC stock, go to TipRanks’ Stock Analysis page.