tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kula Gold Directors Endorse Forrestania’s Takeover Bid

Story Highlights
Kula Gold Directors Endorse Forrestania’s Takeover Bid

TipRanks Cyber Monday Sale

Forrestania Resources Limited ( (AU:FRS) ) has issued an announcement.

Forrestania Resources Limited has made an off-market takeover bid for all ordinary shares in Kula Gold Limited. The Directors of Kula Gold have unanimously recommended that shareholders accept the offer, provided no superior proposal emerges. This strategic move could potentially enhance Forrestania’s market position and influence within the industry.

More about Forrestania Resources Limited

Average Trading Volume: 1,604,260

Technical Sentiment Signal: Buy

Current Market Cap: A$157.4M

See more data about FRS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1