AUSTRALIA

AWE shareholders told to keep the faith

AWE chairman Bruce Phillips has told shareholders that the decision to knock back an $0.80 per share takeover offer earlier in the year was correct despite trading below that level since August, although he said the company was open to sensible approaches.

AWE shareholders told to keep the faith

Fronting up at the company’s annual general meeting this morning, Phillips, who led the company as managing director from its foundation through some of its most successful years, admitted that AWE had...

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