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Resolution Minerals (ASX:RML) has been the most talked about stock on the HotCopper forums today, and for one big reason: The company fielded an unsolicited $225 million offer to buy its Horse Heaven project.
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The Aussie explorer cautioned that the approach won’t necessarily mean they sell the project, but that didn’t stop RML shares plunging -13.2% today.
Also trending has been Amplia Therapeutics (ASX:ATX); the biotech developer dumped as much as -20% value after missing market expectations. My colleague Jonathon Davidson wrote more on that story here.
And, FBR Ltd (ASX:FBR) popped up on the forums after signing a $20 million financing agreement with GEM Global Yield. The deal will run for three years and will be used to fund several R&D projects in FBR’s pipelines.
Looking wider: The ASX 200 is up +0.58% after a slow open.
That’s HotCopper’s Market Trends, I’m Isaac McIntyre – see you later for close.
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