CHN 0.37% $1.36 chalice mining limited

offer analysis, page-2

  1. 28 Posts.
    Very good analysis.

    There is only one reason and one reason only why this was an asset sale and not a company sale.....management wants to keep their jobs which wouldn't happen if the entire company was sold. Much easier to take a big salary and give yourself millions of options with $100 million in the bank. Of course this is done to the detriment of existing shareholders but since when does a management team think of the shareholders over themselves.

    My guess is it won't matter. Within a month, Nevsun will make a hostile bid for $.35/share and take over their offices so management will lose in the end.

    stateside
 
watchlist Created with Sketch. Add CHN (ASX) to my watchlist
(20min delay)
Last
$1.36
Change
-0.005(0.37%)
Mkt cap ! $527.0M
Open High Low Value Volume
$1.39 $1.40 $1.34 $5.839M 4.267M

Buyers (Bids)

No. Vol. Price($)
1 57927 $1.35
 

Sellers (Offers)

Price($) Vol. No.
$1.36 19937 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
CHN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.