middle.news
Why Is Vigorous Resources Offering a 160% Premium for Rey Resources Now?
7:01pm on Tuesday 8th of July, 2025 AEST
•
Mining
Read Story
Why Is Vigorous Resources Offering a 160% Premium for Rey Resources Now?
7:01pm on Tuesday 8th of July, 2025 AEST
Key Points
Unconditional $0.028 per share cash offer representing 155-160% premium
Vigorous Resources holds 16.10% of Rey shares and funds bid via $5 million loan
Rey Board unanimously recommends acceptance absent superior proposal
Offer open from 9 July to 11 August 2025 with potential compulsory acquisition
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
REY
OPEN ARTICLE