CAPITAL MARKETS

A 'crude ruse'

NAUTILUS Minerals shares closed up 11.5% overnight after trader Michael Bailey released another announcement over his purported hostile takeover play for the Toronto-listed explorer. Suspicions over whether it was legitimate remain.

Blair Price
A 'crude ruse'

In a release that contained a disclaimer on accepting no liability over its accuracy, Bailey said he liked Nautilus because it was asset rich with a low share price. “After the company’s most recent...

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