CBH 0.00% 7.0¢ coolabah metals limited

Ann: Suspension from Quotation, page-10

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  1. 2,939 Posts.
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    I read that earlier and note that it says "The mine has been bought by the newly formed Broken Hill Mine Limited company".

    Be interesting to see the transaction structure but I would expect it to run similarly to POL's acquisition given it's from the same ultimate vendor (early 2023).

    That structure being a special purpose entity set up to initiate the transaction and get things moving, with the listed entity sealing the deal with an acquisition of the special purpose entity.

    https://hotcopper.com.au/data/attachments/6419/6419787-ad57544f8fc410b5dad8b3ffc511c2b9.jpg


    Last edited by Rozting: 29/08/24
 
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