80 Mile share price climbs 7% as Greenland Energy sets merger terms
Greenland Energy agreed indicative terms with 80 Mile PLC for a £61.48 million all-share acquisition, after which 80 Mile shares rose 7% to 0.80p, still below the roughly 1.1p implied in the proposed deal.
Why it matters — GLND watchers would track this proposed all-share acquisition, which sets the terms and valuation for the merged company.