Quote Originally Posted by sb9 View Post
Well, any thoughts of acquisition by BWX from across the ditch can be put to bed for now.

As they're currently in trading halt pending announcement re a potential transaction. And rumour mill on HC (source AFR) is that they're set to do a CR to fund an acquisition of a US naturals company for approx $100mln.
https://www.fool.com.au/2017/10/18/w...rading-halt-2/

Excellent news imo for TIL.

Confirms that BWX is actively seeking acquisitions to grow and this A$100m capital raising will give BWX more scope and size to take on an acquisition like TIL in the future.