CSM cosmo gold limited

announced after market.it was interesting that the csm board...

Currently unlisted. Proposed listing date: TBA
  1. 5,048 Posts.
    announced after market.

    it was interesting that the csm board dismissed tty's bid due to insufficient detail such as the dilution expected as a result of a possible share placement to noble etc as consideration for providing $350 million to meet the cash component.

    there is equally insufficient detail in gilbertsons offer regarding anticipated dilution as a result of "transactions". or are pallinghurst, amci and co going to fold assets into the new csm for no consideration.

    maybe gilbertson will present share holders with a transaction (subject to a yes vote) which we can evaluate.

    this week and next will be intersting ahead of the vote.

    cheers
 
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Currently unlisted public company.

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