Ramelius Bolts On Breaker
This deal is done. Trading at a gross spread to terms of 2.4% but was out to 4.7% the close last Friday. If you can take down borrow inexpensively...
349 Views
DGO Recommends Gold Road's Firm Offer
Trading at a 1.3%/9% gross/annualised spread, assuming late May settlement. This is a long GOR, short DGO trade. I'm hearing borrow of ~25bps.
286 Views
Apollo (AOP AU)'s Shares Trading Through Ramelius' Revised Offer
I think Gold Road may reload - but the Ramelius' Offer price is already a 91.5% premium to the six-month undisturbed VWAP. I question how much...
172 Views
Ramelius (RMS AU) Adds Apollo To Its Portfolio
Trading at a gross spread of 7.2% - similar to the gross spread at the time of Ramelius' Offer for Spectrum last year. I expect the deal to get...
291 Views
New J. Hutton – Exploration Report (Weeks Ending 04/10/19)
Pure iron ore plays outperforming diversified producers, for now... America wakes up to REE embargo threat, LYC critical for future supply...
459 Views