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Why Did QGold Buy Venus Shares Above Its Own Takeover Offer Price?

3:33pm on Monday 1st of December, 2025 AEDT Materials
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Why Did QGold Buy Venus Shares Above Its Own Takeover Offer Price?

3:33pm on Monday 1st of December, 2025 AEDT
Key Points
  • QGold purchased 470,374 Venus shares on-market above the $0.17 offer price
  • Purchases may conflict with ASIC Market Integrity Rules and QGold’s disclosures
  • Venus is seeking clarification to ensure shareholders are fully informed
  • Target’s Statement with formal response and recommendation due 8 December
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