re: Ann: Notice of variation of offer - exten...
Lion are going for >90% and compulsory acquisition. Given they already own 71% and Morgan Stanley sitting on 15% are likely to accept the offer, Lion are probably going to get there. So even if you want to hold on to your shares to see CGT's upside realised, Lion will now take your shares for their scrip. Say 'good bye' to Castlemaine Gold - it's going to get completely swallowed and delisted.
CGT Price at posting:
17.0¢ Sentiment: None Disclosure: Held
