Queensland billionaire bids for Carawine

COAL magnate Christopher Wallin has launched an on-market cash takeover offer for junior explorer Carawine Resources.

Queensland billionaire bids for Carawine Queensland billionaire bids for Carawine Queensland billionaire bids for Carawine Queensland billionaire bids for Carawine Queensland billionaire bids for Carawine

Through his company QGold, Wallin is already Carawine's largest shareholder with just under 19.7%.

QGold has appointed Ord Minnett to acquire Carawine shares on its behalf at A21c per share.

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