AWE - UBS rates the stock as Neutral
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The board has recommended a revised offer from Mineral Resources ((MIN)). Shareholders will receive $0.83 per share if MIN shares trade between $15-21 during the 10 days prior to the scheme vote, which is scheduled in mid April.
Shareholders will have the option to receive a mix of cash and scrip or 100% of either. UBS has a Neutral rating and target of $0.83 to reflect the offer price.
Target price is $0.83.Current Price is $0.88. Difference: ($0.05) - (brackets indicate current price is over target). If AWE meets the UBS target it will return approximately -6% (excluding dividends, fees and charges - negative figures indicate an expected loss).
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