The number to watch is 79%. They surely know they will need to do a deal with CW, so 79% is the tipping point.
The question is....do they need to offer a sweetener to get to 79%? Tough call. I know at least 9% hanging out for a sweetener, But can they hold...or fold.
I have noticed Wealth has pulled their blanket buy at 0.455, so a sweetener is not off the table.
If we see a sweetener....look out for it Monday 27th.
- Forums
- ASX - By Stock
- CLR
- Ann: Change in substantial holding
Ann: Change in substantial holding , page-2
Featured News
Add CLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online