CYM 17.2% 3.4¢ cyprium metals limited

Ann: Suspension from Quotation, page-31

  1. 762 Posts.
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    I agree... and I too have mentally written off the investment... however:

    - Barry and Co have spent their own money purchasing shares on market. If their only option was VA, the team stand to lose a lot of their own money, their income stream and possibly their future careers... why knock back a finance offer if there is no plan B
    - Pareto Securities raise funds for projects all around the world and often will only be paid on success... I can't believe that they would present an offer with no alternative solutions.
    - The wording of the requests suggests other offers are being worked on
    - Maybe they knocked the offer back because a better offer came in last minute? Very unlikely I know... but hey, none of us actually know... glass half full/fanciful thinking.

    At a bit of a loss as to where this will land, but time will tell and we can't sell now anyway... may as well relax and see what happens.
 
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