CZN 0.00% 0.4¢ corazon mining limited

Ann: Trading Halt, page-13

  1. 5,579 Posts.
    lightbulb Created with Sketch. 4123
    700k is enough cash till June. A cr is planned, so they would just announce it. Same with a jv.

    There has been no high volume the last week to indicate a leak, late last week very low volume. Opposite to a leak. So I think material announcement due to something sudden.

    If they received a takeover offer last night or early today they have to suspend as the board would not have digested it and to also prevent a leak before responding.

    Im more looking to a bid here due to it being a sudden halt with no pressure from asx and no high trade vol.

    We have Vale and hanking as possible suitors here. Lets hope there is a bid for czn. 1b assets at 8m cap should really not be sitting around really.
 
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