Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Matsa Resources Limited ( (AU:MAT) ) has issued an update.
Matsa Resources Limited has announced that it is considering an unsolicited takeover bid by Patronus Resources Limited, which aims to acquire all its fully paid ordinary shares not already owned by Patronus. The board advises shareholders to take no action until further guidance is provided through a forthcoming target statement. Matsa has engaged Thomson Geer as legal advisers for this process.
More about Matsa Resources Limited
Matsa Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is based in Perth, Western Australia, and has a substantial shareholder base with a significant percentage of shares held by the top 20 shareholders.
YTD Price Performance: 10.0%
Average Trading Volume: 23,495
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €18.67M
See more data about MAT stock on TipRanks’ Stock Analysis page.
