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2.60% 7.5¢ coolabah metals limited

Ann: Revised Nyrstar Proposal , page-26

  1. practisingaccountant
    9,543 Posts.
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    15/03/10
    13:37
    Post #: 6449236
    Ok thanks so they are not required to make a bid. The only reason I can think of for Toho to acquire more shares in the company is to have their own transactions approved. I really don't see other shareholders agreeing to dilute their shareholdings with the Toho transactions when Nystar have made a takeover offer at a premium to the current market share price. If Nystar's takeover is "dead in the water", so is Toho's.
    CBH Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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