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ASIC secures Finders orders

AUSTRALIA’S Takeovers Panel has made a declaration of unacceptable circumstances, ordering Taurus Funds Management’s acceptance of the A23c takeover offer for Finders Resources to be cancelled, offering withdrawal rights all for shareholders to have accepted since March 20.

Haydn Black
ASIC secures Finders orders

      The move puts Eastern Field Development's win in its protracted takeover battle under a cloud.   Between March 15 and March 20 EFD moved from 44% to around 60%, and as soon as news of Taurus'...

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