CBH coolabah metals limited

Wow that is so much to digest and is a huge transaction. I need...

  1. 4,291 Posts.
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    Wow that is so much to digest and is a huge transaction. I need a few hours to read it properly. Homework for tonight.

    Anyone have thoughts on the initial 3:1 consolidation for existing CBH holders? I only hold CBHO and with the exercise price now stretching to 60c is a bit disappointing but with a filly diluted SOI of 341,152,620 and annual revenue of c.$90m with commodity prices materially increasing does it matter?

    This could be a huge company and trading at a $1 a share would give a fully diluted market cap of $341m which could seem cheap.

 
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