CBH 0.00% 6.9¢ coolabah metals limited

Ann: CBH Recommends Revised Toho Proposal , page-15

  1. 2,493 Posts.
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    I notice by looking at the chart that leading up to the shareholders meeting, the sp was run up to above the 13.5 initial offer (by Toho I assume)

    We can expect the same leading up to the yet to be held EGM to approve the latest offer. The price will be driven up above 19.5

    The strategy I believe is to put the shareholders in the right frame of mind. No point in favouring Nystar if you get get more on the market.

    We will wait and see?
 
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