BDO concludes Ramelius offer neither fair nor reasonable

UNSURPRISINGLY, the independent expert’s report prepared for Explaurum’s defence in the face of a hostile all-scrip takeover bid has found the one-for-four share offer from gold miner Ramelius Resources is neither fair nor reasonable.

BDO concludes Ramelius offer neither fair nor reasonable BDO concludes Ramelius offer neither fair nor reasonable BDO concludes Ramelius offer neither fair nor reasonable BDO concludes Ramelius offer neither fair nor reasonable BDO concludes Ramelius offer neither fair nor reasonable

BDO's bean-counters have determined the offer values Explaurum at between 9.5-12.5c, assuming a value for the Perth-based Ramelius of 38-50c, while it considers Explaurum is fairly valued at b...

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