Finders Resources has received the backing of some high-profile Perth investors in its opposition to a hostile takeover offer, with Euroz’s Tim Lyons, billionaire Ralph Sarich and Brettney Fogarty among a list of shareholders to have indicated they will not accept the 23-cents-a-share bid.
The copper miner rejected the offer from Indonesian group Eastern Field Developments last week after independent expert Deloitte valued the company’s shares between 31 and 35 cents.
Finders released a statement to the ASX this morning saying that about a third of shareholders did not intend to accept the takeover offer.
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