AUSTRALIA

Hot deal for hot rocks

GEODYNAMICS has made an off-market takeover offer to acquire KUTh Energy.

Bianca Bartucciotto

Hot deal for hot rocks

Shareholders will be offered one share in Geodynamics for every 5.5 shares in KUTh, valuing KUTh shares at 2c based on a 30-day, volume-weighted average price. This means KUTh shareholders will hold...

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