CBH coolabah metals limited

ok redone the math considering Toho will get 90m shares thanks...

  1. 71 Posts.
    ok redone the math considering Toho will get 90m shares thanks to their convertible bonds (1,800 shares x 50,000). However the fact that the other bond holders who get shares won't be able to sell them into the proportional offer at $0.25 to Toho means to get to 49.9% I still have Toho needing to buy 33.84% of our shares off us. So bascially no down side from these levels (if one assumes a post toho deal share price of $0.14) to wait to see if Nyrstar comes back or (god forbid) another predator comes along

    cheers

    J.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.