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Flinders Mines Limited ( (AU:RHK) ) just unveiled an announcement.
Red Hawk Mining Limited has issued a supplementary target’s statement in response to an off-market takeover offer from FMG Pilbara Pty Ltd, a subsidiary of Fortescue Ltd. The directors of Red Hawk recommend shareholders accept the offer unless a superior proposal emerges and contingent on the independent expert deeming the offer fair and reasonable.
More about Flinders Mines Limited
Red Hawk Mining Limited operates in the mining industry, focusing on mineral extraction and related activities. The company is publicly traded on the Australian Securities Exchange under the ticker RHK.
YTD Price Performance: 41.13%
Average Trading Volume: 1
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €143M
See more insights into RHK stock on TipRanks’ Stock Analysis page.
