An announcement from Matsa Resources Limited ( (AU:MAT) ) is now available.
Matsa Resources Limited has issued a Target’s Statement in response to an unsolicited takeover offer from Patronus Resources Limited. The Matsa board unanimously recommends shareholders reject the offer of A$0.045 per share, emphasizing the importance of reviewing the statement thoroughly. The statement has been submitted to the Australian Securities and Investments Commission and distributed to shareholders via email or postal mail as necessary.
More about Matsa Resources Limited
Matsa Resources Limited is a company operating in the resource industry, primarily focused on mining and exploration. The company’s operations are centered around the acquisition and development of mineral resources, with a market capitalization of approximately A$38.83 million as of February 2025.
YTD Price Performance: 78.95%
Average Trading Volume: 24,189
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €23.51M
See more data about MAT stock on TipRanks’ Stock Analysis page.