CUO copperco limited

maiden full year profit highlights, page-9

  1. 3,682 Posts.
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    I don't know what you mean Susan...the merger is all over bar the shouting. At this stage MXX residual shares are being mopped up a part of the formalities. I understand from the announcements that there only remain 188 shares to redeem at an arbitrated price. The merger is history now. The main game is the cash flow and earnings from the Lady Annie operation which has got to be worth by itself more than double the current price. Then there is the growth story at Lady Annie and all the remaining assets. A screaming buy surely (like many others on the market).

    There appears to be accumulation happening at current level and absence of short selling has provided some stability in my opinion.

    regards
    DF
 
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Currently unlisted public company.

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