Commander Resources (TSE:CMD) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Commander Resources Ltd. is advising shareholders to reject the unsolicited take-over bid from FruchtExpress Grabher GmbH & Co KG, citing the offer as predatory and undervaluing the company. The Board and a Special Committee believe the bid fails to reflect the true value of Commander’s assets, including their regained 100% interest in the Burn Porphyry Copper Property and ongoing exploration efforts.
For further insights into TSE:CMD stock, check out TipRanks’ Stock Analysis page.
