M&A

Surefire share plunge on cobalt deal

SHAREHOLDERS have rejected a move by Surefire Resources to acquire a Pilbara cobalt project, slashing the value of the company by 75% in morning trade.

Andrew Hobbs
Surefire share plunge on cobalt deal

The company restarted trade on the ASX today after going into suspension in mid-March, ahead of the acquisition and a proposed capital raising, with shares falling from 0.4c to 0.1c this morning. Surefire...

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