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Aug 17, 2022 • 1:49 PM
ASX 200Turquoise Hill rebuffs Rio Tinto’s US$2.7b takeover bid, Qantas expands freight fleet and Allkem acquires strategic lithium tenement
Canada’s Turquoise Hill Resources (TSX: TRQ) has rebuffed mining giant Rio Tinto’s (ASX: RIO) US$2.7 billion (A$3.8 billion) takeover offer – saying the bid didn’t reflect its “full and fair value”. The decision was made by the Turquoise Hill Special Committee, which has effectively halted Rio’s efforts to gain greater control of the Oyu Tolgoi […]
Feb 11, 2021 • 10:34 AM
Hot TopicsWhat are the ASX stocks vulnerable to a ‘short squeeze’?
Could the ASX become subject to the same trading shenanigans in the US which put a rocket up the share price of struggling video outlet operator GameStop and then the silver market. It’s certainly food for short … er, thought. This month shares in online travel agent Webjet (ASX: WEB) have climbed around 10% as […]