CMO 3.03% 3.2¢ cosmo metals limited

takeover offer for sonnet, page-20

  1. 711 Posts.
    lightbulb Created with Sketch. 84
    Yes - very skeptical

    3.2c x 2,200,000,000 (shares when merger with SNN ) = market cap of around $ 70 million dollars - which is a rediculous cap at this stage of the companies growth and income levels

    I hold plenty for the longer term but personally don't see the current price sustainable - time will tell

 
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