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Why Is Vigorous Resources Offering a 155% Premium for Rey Resources Shares?
5:02pm on Tuesday 8th of July, 2025 AEST
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Why Is Vigorous Resources Offering a 155% Premium for Rey Resources Shares?
5:02pm on Tuesday 8th of July, 2025 AEST
Key Points
Unconditional $0.028 per share cash offer representing 155% premium
Vigorous Resources holds 16.10% stake in Rey Resources
Rey board unanimously recommends acceptance absent superior proposal
Offer funded by $5 million loan from major shareholder Ms Wanyan Liu
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