M&A

Market warms to Lihir-Ballarat engagement

WHEN Lihir Gold announced its merger with Ballarat Goldfields in mid-October, leading analysts criticised the union and its share price dipped accordingly.

MiningNews.Net
Market warms to Lihir-Ballarat engagement

Lihir shares plummeted from $3.11 to as low as $2.78 as investors shed the stock on the back of advice from their brokers, who said the deal added risk to the new company and would take some years to be...

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