CLR carabella resources limited

No the deal appears to have been done before the bid was...

  1. 10,383 Posts.
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    No the deal appears to have been done before the bid was announced. CBA and its subs had a minor holding within their various funds. It was above their in-house ST valuation so they took it.

    Nothing stopping you also moving on as they will be a time gap before we know the details from "other interested parties".

    I note the target price if successful will be the lowest M&A metric seen to date despite the LT superior economics of it PCI/HCC projects.

 
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