Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
An announcement from Fenix Resources Limited ( (AU:FEX) ) is now available.
CZR Resources Ltd has announced that its directors unanimously recommend shareholders accept a takeover offer from Fenix Resources Ltd. The offer involves an increased consideration of 0.98 Fenix shares for each CZR share, valued at $0.30 per share, contingent upon Fenix obtaining a 75% interest in CZR shares by March 21, 2025. The directors have committed to accepting the offer for shares they own or control, provided no superior proposal emerges. The offer is set to close on April 8, 2025, unless extended.
More about Fenix Resources Limited
YTD Price Performance: -3.33%
Average Trading Volume: 3,844
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €117M
See more data about FEX stock on TipRanks’ Stock Analysis page.