CBH 0.00% 7.5¢ coolabah metals limited

If it wasnt for Nyrstar this stock would still be trading at...

  1. 408 Posts.
    If it wasnt for Nyrstar this stock would still be trading at 12c...

    Do you really want to be in a situation whereby the largest customer of your company is also a hugely controlling shareholder with ample seats on the board? This gives CBH less power in all aspects of dealing with its number 1 customer... That is generally not a great scenario for any business to be in.

    Best outcome... Nyrstar comes back with a bid conditional on 50.1% acceptance at a higher price.

    Worst outcome... Nyrstar walks and you're left as a minority shareholder in a company whose largest shareholder has more power than the existing board with a smaller free float of shares and a share price back around 12c.

    Your attitude begs the question, are you invested in the company because you like them and think they are nice people, or because you want to make money???
 
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Last
7.5¢
Change
0.000(0.00%)
Mkt cap ! $9.030M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 136896 7.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.4¢ 100000 1
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Last trade - 16.12pm 01/07/2024 (20 minute delay) ?
CBH (ASX) Chart
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