re: Ann: Directors considering on-market bid ...
The takeover attempt is dead in the water.
I would guess that the only shareholder that might accept is MLM. I doubt Xinfa will accept. They may as well takeover CBX themselves. A few million dollars is less than pocket change for them.
Obviously the bid on market of 225,981,731 is MTE's. They have already 16,666,667 shares.
Add the two up and you get the total issued capital of CBX which is 242,648,398.
This is truly a circus..................
CBX shareholders, my opinion is not to sell - you are being ripped off.
CBX Price at posting:
1.9¢ Sentiment: Hold Disclosure: Not Held
