CZR 4.85% 27.0¢ czr resources ltd

I think its too late. Shareholders would have approved sale.Any...

  1. 2,510 Posts.
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    I think its too late. Shareholders would have approved sale.

    Any bids need to be before vote to create options but also price confusion.

    I also believe FMG could block and then start process with RIO and MC. My expected outcome.

    There has been no volume and no substaintial holder updates so i think FMG holds all the cards.

    I am also peeved that the cash return options to SH have not been offered.

    A once off buy back or cap return or unfranked div would go a long way to getting SH support.

    one has to ask why this has not happened?? I am still waiting for this before the vote.
 
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