CBX MTE

re: Ann: Directors considering on-market bid ... I think you...

  1. Hotfire
    19,540 Posts.
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    18/03/14
    12:32
    Post #: 13140754
    re: Ann: Directors considering on-market bid ... I think you need to read the document.

    MTE states they will fund it from cash reserves of $7.5mil

    At 6 cents it equates to $13.5mil (approx)

    The offer is 0.6 of one cent.

    This bunny will soon realise their error and dump. In doing so lose at $4.5k in the process.

    Very expensive lesson in reading and understanding the so called offer.
    CBX Price at posting: 4.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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