CAPITAL MARKETS

Abelle directors keep their options open

ABELLE directors Peter Newton, Peter Cook and Peter Cunningham intend maintaining exposure to the company's Papua New Guinea assets by not accepting Harmony Gold's takeover bid for all their shares and options.

Michael Quinn

Abelle directors keep their options open

The three Peters and their fellow directors labelled the Harmony bid of 75 cents per share "fair and reasonable", whilst saying the 45 cents per option offer was "reasonable, although it could be considered...

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