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WMCR worth more: analysts

ANALYSTS have backed the board of WMC Resources in rejecting yesterday's $7.4 billion takeover of...

Rebecca Keenan

WMCR shares leapt on yesterday's bid, reaching a year high of $7.10 after opening at $5.13. In heavy trading this morning more than 44 million shares changed hands. The price had settled back to $6.85...

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