CGT castlemaine goldfields limited

Ann: Becoming a substantial holder , page-5

  1. 269 Posts.
    Lombo

    I expect the price to go up getting closer to the takeover but until then there is a risk involved such as the Singapore dollar weakening and an LG shareprice decline, plus the possibility that the takeover will not succeed as you have suggested, so those buying CGT are wary of the risks

    Alex

    I used ICF as an example of a seller and not saying ICF will sell, but some other big holder such as Baker Steel could be looking at the greater liquidity of the Singapore market for LG and be prepared to take a loss to provide liquidity
 
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