According to The Australian Financial Review, Wyloo was seeking to buy a 15% stake in Regis, which would have taken its stake in the gold miner to 19.9%.
Broker Barrenjoey was offering A$1.
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REGIS Resources was the biggest mover in the ASX 200 Metals & Mining index this morning after reports Andrew Forrest’s Wyloo Resources tried to buy a substantial stake.
According to The Australian Financial Review, Wyloo was seeking to buy a 15% stake in Regis, which would have taken its stake in the gold miner to 19.9%.
Broker Barrenjoey was offering A$1.
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