M&A

Strategic review sparks interest in Moreton

SHARES in Moreton Resources soared almost 50% in afternoon trade after the would-be silver producer and coal player was conducting a review of its assets ahead of a possible sales process and formulation of a new strategic direction.

Strategic review sparks interest in Moreton

Its share price hit A1.3c, its highest level this year, but was still off its 12-month high of 1.8c. It had fallen as low as 0.6c in April.   The company has hit regulatory and operational hurdles...

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