M&A

Lincoln rebuffs graphite suitor's takeover offer

BATTLELINES are being drawn on Eyre Peninsula, with suspended tiddler Lincoln Minerals swatting away a takeover offer from its neighbour in South Australia, Quantum Graphite.

Lincoln rebuffs graphite suitor's takeover offer

Quantum is pushing a A$5.7 million all-scrip bid, offering an off-market 40-for-1 all-scrip takeover bid that values Lincoln at around 1.02c per share, based on Quantum's recent trading at around 40c per...

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