Announcements will probably start to flow after the Octorber quarterly. The quarterly will also have GF results. As I said earlier, the management needs to lift the SP before the AGM otherwise its oing to be a very heated discussion.
I really cant see GF taking over CQT at these current prices. This is because CQT shareholders arent going to give their shares away and GF cant justify to their shareholders a bid of 80c when the current shareprice is below 20c. Therefore all GFs can do is buy as many shares on market before making an off market bid.
Do others agree or am I talking rubbish again...
CQT Price at posting:
16.5¢ Sentiment: None Disclosure: Not Held
