Yes, if Gilbertson seen the value in CSM, I am sure he would not walk away. Get a great company at discount price, what a great idea!
Forget about the misleading offer, put it in a very simple term, Gilbertson is trying to acquire 0.6 of your share at $1.68, or Try to offer you $2.8 for 60% of your share. Would you like to sell it to that bastxxds?
While TTY is totally depends on the valuation of TTY. Of course, I valued TTY at 50c because this is what M.K. want to pay for his share. Why he tells us it worth $1+?
TTY should come up with either more cash component, or more TTY shares. But I believe they want to offer more cash, so the old TTY will have the 51%. I guess $3+1.5TTY share will be the final offer.
Remember, time is with us. The longer the battle is going on, the more value of CSM can be displayed.
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CSM
cosmo gold limited
macquaire recommendation, page-17
Currently unlisted. Proposed listing date: TBA
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