CBH coolabah metals limited
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The Nyrstar letter includes the following:"The offer price per...

  1. kiwiaussie
    283 Posts.
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    12/04/10
    10:09
    Post #: 6559491
    The Nyrstar letter includes the following:

    "The offer price per CBH share of A$0.195 compares to the valuation range of Grant Thornton Corporate Finance (GTCF) of A$0.187 - A$0.232 per CBH share on a control basis."

    So its fairly low end and they are truly not paying a premium. 25 cents a share for the whole she-bang and we are talking. This new offer is underwhelming but its nice to know that they haven't abandoned their ideas on CBH.
    CBH Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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