@ReverendGreen
Great to have the RIO exec's on board for the mining side of the operation, the last thing we need is an unsolicited takeover offer.
Either BHP or RIO or whomever will set the dogs on the SP to drive it down as low as they can get it and then lob an offer that is at a "premium", which in fact would be a low ball offer.
Plenty of incentives for the board to support it and then retail shareholders get screwed over massively, this is the way the big end of town rolls, we should be careful what we wish for. The last thing we need is for CXO to become a takeover target, regardless of who it maybe.
Whilst some on these threads think we will get a very generous offer, in my 30 years experience it is VERY RARELY the case.
Just my thoughts.
Rayda
@ReverendGreenGreat to have the RIO exec's on board for the...
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Last
9.3¢ |
Change
-0.007(7.00%) |
Mkt cap ! $198.7M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.2¢ | $2.498M | 26.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 323514 | 9.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.4¢ | 483232 | 6 |
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