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    cobalt investing

    Metorex Rises As New Party Eyes Buyout

    Investing News Network
    Jun. 20, 2011 09:09AM PST
    Battery Metals

    Business Day reported that an additional expression of interest to buy Metorex (JNB:MEMTX) has pushed the company’s share prices up.

    Business Day reported that an additional expression of interest to buy Metorex (JNB:MEMTX) has pushed the company’s share prices up.

    The market news is quoted as saying:

    Metorex’s shares closed 5% higher at R7,66 on Friday after the company said it had “received an unsolicited, nonbinding expression of interest from a bona fide party to acquire the entire issued share capital of Metorex”.

    To read the full market news, click here.

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