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22.0¢ cassini resources limited

Ann: OZ Minerals to acquire Cassini Resources, page-19

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salpetie

3,185 Posts.

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22/06/20

11:10

Post #: 45363639
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Originally posted by 3720 to 1: ↑

Hi,

Please could someone dumb this down for me? I'm not 100% sure what the Cassini/Oz deal entails, do Cassini holders get an option of shares in OZ or cash? Is this in addition to retaining shares in the new version of Cassini?

I've been a Cassini holder for 4 years but in general I'm not very adept with the language of share buying/selling.

Thanks.

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Say you had 68500 shares in CZI - as I understand it you would get 1000 OZL shares Plus $685 cash.

In addition you would receive 68500/22 shares in Caspin say 3000+

There are other bits but that's the major components if the scheme goes thru AIMHO

Last edited by salpetie: 22/06/20

CZI Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
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