Just over $100k in total dollar value traded today
Imo, hardly convincing other than possibly CN games to provide a little liquidity - which is crucial to the CN and company going forward
IMO, a takeover offer would have to take on all the balance sheet commitments etc, the CN. the performance shares , The Anglo joint Venture (proposed ) and CRH debt for 3 years with security - imo highly unlikely anyone would launch a bid at any price- let alone 3c at this point in time
DYOR
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- Ann: Issue of Performance Rights and Unlisted Options
Ann: Issue of Performance Rights and Unlisted Options, page-9
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