re: Ann: CAP Announces withdrawal of proposal... My thoughts are that the offer from Couglin not good enough... well done management.
Where to from here?
Well the shares may fall a little short term but in the long run we are headed higher with drilling aggresively underway so lots of news short term.
I doubt Couglin would dump his holding considering he wanted the company he knows the drill results are likely to add more value very shortly.
IMHO