CBH
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2.60% 7.5¢ coolabah metals limited

rrt impact, page-11

  1. tnabacus
    147 Posts.
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    04/05/10
    15:27
    Post #: 6652846
    viktorinc,

    Before the RRT, I also think Nystar might make a higher bid. But CBH announcement (note, before the RRT) suggested Nystar does not intend to submit a higher bid.

    Now after the RRT, I don't think Nystar will still make a counter bid, plus, there is risk that Toho might reduce the price.

    I might be wrong. But for the sake of 1c gap, I think it is not worth it. There are so many good opportunities out there today (might be even better tomorrow or in the next few days.)

    DYOR.
    CBH Price at posting: 23.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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