CNW is worth more than 5.3 cents. As well as their substantial customer base nationwide ( except NSW?), excellent position in Canberra and 13 million+ in cash. Give the $13 million back to shareholders and I'll vote yes. Otherwise it is a NO from me.
Big punters buying millions above offer price of 5.3 cents. Even the 100 million buy has moved from 5.2 to 5.5 cents today. Who are they? MEM? What is the inside info, down low, scuttlebug etc. UP SHE GOES.
What a joke 3.2 cents offer from WCG was. Seems like aeons ago. They are now at a low 10 cents! Are they worth being bought? Will CNW get to 10 cents. Now that is really dreaming! But dreams do come true!
CNW Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
