bullish

Tietto Minerals (TIE AU): Zhaojin’s Revised and Final Takeover Offer Remains Light

343 Views15 Apr 2024 15:21
Despite the bump, the offer is below the IE’s valuation range of A$0.79 to A$0.93 per share. The IE’s valuation range would be around 25% higher at current gold prices.
What is covered in the Full Insight:
  • Revised Takeover offer by Zhaojin
  • Tietto's operation and previous offers
  • Shares ownership in Tietto
  • Observations on revised offer
  • Impact of gold prices on valuation
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