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The latest announcement is out from Venus Metals Corporation Limited ( (AU:VMC) ).
QGold Pty Ltd has issued a first supplementary bidder’s statement for its on-market takeover bid for all Venus Metals Corporation Limited shares it does not already own, confirming an increase in the offer price from A$0.17 to A$0.21 per share and an extension of the offer period to 4:00pm (Sydney time) on 30 January 2026. QGold has characterised the A$0.21 bid as its “last and final” price and stated it will not extend the offer beyond the new closing date other than as required under the Corporations Act, signalling a clear timetable and pricing ceiling for Venus Metals shareholders as they weigh whether to tender into the offer amid the bidder’s expanded funding capacity and existing substantial holding in the company.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
More about Venus Metals Corporation Limited
Venus Metals Corporation Limited (ASX: VMC) is an Australian-listed company in the resources sector, with its securities including fully paid ordinary shares, options and performance rights traded on the ASX. The company’s register has attracted strategic interest from QGold Pty Ltd, which already holds a significant stake and is pursuing control via an on-market takeover offer.
Average Trading Volume: 600,008
Technical Sentiment Signal: Buy
Current Market Cap: A$41.49M
Learn more about VMC stock on TipRanks’ Stock Analysis page.