CAPITAL MARKETS

A naughty hoax?

IT has not been confirmed, but there are suspicions that a recent press release on a hostile takeover bid for Toronto-listed deep-sea explorer Nautilus Minerals could be a hoax.

Blair Price

A naughty hoax?

According to a statement made by Gannibal Securities, which was released on the popular website MarketWatch.com on Monday, algorithmic trader Michael Bailey made a hostile offer to acquire all Nautilus...

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