Shares of Metals X Fall After Greentech's Independent Expert Backs Voluntary Cash Partial Offer

MT Newswires Live
07-10

Shares of Metals X (ASX:BWP) fell past 2% in early Thursday trade, after it said in a late Wednesday filing that Greentech Technology International's independent expert Ballas Capital deemed the company's voluntary cash partial offer of the Hong Kong Stock Exchange-listed firm fair and reasonable.

The expert recommended that Greentech's shareholders accept the offer, per the filing.

Metals X's shares slid 2% in recent trade.

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