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Rey Resources Ltd ( (AU:REY) ) has provided an announcement.
Vigorous Resources Pty Ltd has launched an off-market takeover bid to acquire all ordinary shares of Rey Resources Limited, offering $0.028 per share in cash. This move could significantly impact Rey Resources’ stakeholders and market positioning, as it represents a strategic acquisition by Vigorous Resources, potentially altering the competitive landscape in their industry.
More about Rey Resources Ltd
Average Trading Volume: 72,413
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$2.33M
For detailed information about REY stock, go to TipRanks’ Stock Analysis page.