CSD consolidated tin mines limited

Ann: Appendix 3B, page-4

  1. 13,678 Posts.
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    When a company re-lists and comes back onto the trading boards there is no "relisting price".

    The board is a blank slate. People posts BIDS and ASKS. When a BID matches an ASK shares are traded - that first match is the price.

    As always, the price is a match of what people are willing to sell for and people are willing to buy for.

    VERY hard to tell where that will be, but the 60.5c is the best guide anyone has. Usually funds are raised at a discount to the prevailing price, so its possible something above 60.5c may be where it starts. Of course before then there should be more financial data in the form of the 5B for the quarter ending June 30th before then, and this would inform the share price too.
 
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