Disappointing but not a surprise. A 30 something % premium is about normal on ASX. I don't think we should have a crack at the Board. They did their best, but it looks like Tremont have their foot on our throat. It was "take the cash" or "go find alot of cash".
I'm sure everyone would have liked 50c or $1 or to go into production trading on 18x. But it wasn't to be.
Ann: Tremont Makes A$0.33 Per Share All Cash Offer for Cradle, page-45
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| Open | High | Low | Value | Volume |
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