CAY 2.67% 7.7¢ canyon resources limited

Yep just woke up and seen this after a late night at work. As...

  1. 1,265 Posts.
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    Yep just woke up and seen this after a late night at work.

    As sub has mentioned, this would be my best guess, Altus may have left the building. I have heard on the grapevine, they were also contacted to
    see if they wanted to sell. Interesting development!

    The new buyer (Or WMA) will show up in the end of month T50.

    What this shows for me, is the ML being issued is alive and progressing. Otherwise why would a broking firm be calling large holders and asking if they want to sell and pay up nearly $2,000,000 to buy them out?

    Be interesting to see if our learned friend @tiptruck follows suit Considering his posted timeline and negative posts of late.

    I still wouldn't discount (albeit unlikely) these big guys, with big bucks, that don't own any free 7c options, are hoping the ML isn't issued till after they expire early August.
    Guess we'll have to wait and see what eventuates............
    Last edited by FishiesPal: 27/03/24
 
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