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The battle for Sedimentary

“THE fight isn’t over” is the shout from ambitious investment fund AuSelect, which believes its scrip bid for Sedimentary Holdings remains better value both short- and long-term than the 31c cash bid unveiled today by new Canadian company Premier Gold Mines.

Michael Quinn
The battle for Sedimentary

While AuSelect’s bid was worth 29.1c per Sedimentary share at the close of trade – based on the AuSelect’s closing price of $1.31 and its 2-for-9 share offer – Widdup said roadshows being planned for next...

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