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An announcement from Rey Resources Ltd ( (AU:REY) ) is now available.
Vigorous Resources Pty Ltd has announced an off-market takeover bid to acquire all ordinary shares of Rey Resources Limited at a cash offer of $0.028 per share. This move signifies a strategic acquisition effort by Vigorous Resources, potentially impacting Rey Resources’ market positioning and offering stakeholders a decision point regarding the sale of their shares.
More about Rey Resources Ltd
Average Trading Volume: 72,413
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$2.33M
Find detailed analytics on REY stock on TipRanks’ Stock Analysis page.