This one could be the fastest race ever!
Just two days after a rival bid, Gilbo came with 17% increase offer. Directors approve it before receive it. Because they all know CSM is making $1m a day now. The quicker they can get it, the more more they can make. They don't want you to know it.
Don't fooled by whatever they say. Personally, I like the Gilbo's bid then MK if Gilbo can buy it from somebody else at discount price $3.3 to reach 60%. But the problem is everybody else might think it the same way. It ends Gilbo cannot get any shares at all.
So I believe it is not the final price. He just want to play a bit game.
It is a very simple trick. Set the bar low until a lot of people believe it. And then come up with a cheap shot like $3.6 everybody happy. Trust me with this.
But he forget about M.K. M.K. will make him pay much higher price if M.K. not pay it by himself.
No matter what happens, the winer is shareholders. The board of directors cannot harm us too much. We have M.K. watch them.
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- 3.30 cash offer....no thanks gilbo
CSM
cosmo gold limited
3.30 cash offer....no thanks gilbo, page-14
Currently unlisted. Proposed listing date: TBA
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