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Panoramic offer opportunistic: Magma

MAGMA Metals looks unlikely to recommend a $A40 million unsolicited takeover bid from its second-...

Kristie Batten

On Friday morning, Panoramic announced it would offer two of its shares for every 17 Magma shares held, implying a value of 14.9c per Magma share. In a brief statement released late on Friday, Magma...

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