Firstly I mention that I have a sizable holding in both CEN and RUM.
It is a directors basic responsibility to ask at every decision point, 'what is best for shareholders?'
IMO CEN directors are solely thinking of themselves and the annual fees they enjoy.
Further I don't have confidence in their technical, or commercial ability to take CEN's projects forward without massive S/H dilution.
RUM directors are proven performers, technically and commercially so I will be very pleased to see the T/O succeed asap.
The T/O will result in much reduced ASX and compliance fees which I guess amount to about $400,000 per year – a nice saving!
Let’s get the deal done.
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Last
$8.09 |
Change
-0.060(0.74%) |
Mkt cap ! $3.672B | |||
| Open | High | Low | Value | Volume |
| $8.15 | $8.22 | $8.06 | $87.21K | 10.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 270 | $8.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.16 | 284 | 2 |
View Market Depth
| Last trade - 13.30pm 09/09/2025 (20 minute delay) ? |
| CEN (ASX) Chart |