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Middle Island increases Alto offer

Scrip bid improved in slow-moving hostile bid for Sandstone gold explorer

Haydn Black
Middle Island's mothballed Sandstone mill.

Middle Island's mothballed Sandstone mill.

Announcing its intention to move on Alto on March 1, Middle Island lobbed its initial bid at five shares for every piece of Alto paper, but in its fourth supplementary bidder's statement that has been...

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