An Australian beauty therapy large has obtained a proposal to clean over a $16 million loss reported within the December half.
Loss-making firm Vita Group obtained a takeover bid from a community of medical centres linked to Sonic Health Care which noticed shares rise a whopping 75 per cent.
“This stock set off all Grafa’s data triggers today, Vita group is a skincare and wellness company or more colloquially, a place to get some botox and fillers,” explains finance professional Colin Ebsworth on the most recent episode of The West Australian’s new finance present Trading Up.
Also on Trading Up, hear in regards to the Aussie explorer seeking to Canada to steer a lithium resurgence. Plus, learn how a chip off the previous block helped drive the ASX larger.
Source: www.perthnow.com.au
