I will be voting yes. The way I look at it is it makes sense for Rio to own this deposit. Rio won’t need to bid for it if the deal is voted down as they could pick it up cheap down the track. IMO Rio will only bid if it has to - ie it’s going into the hands of Miracle.
The risks as I see them are -
The deal gets voted down - FMG could possibly block it on their own ? With Creasy not able to vote that blocks > 50% of votes so FMG with 10% of the remaing 45% (or so ) could possibly block it ? Do we need 50% or 75% of votes for the deal to succeed. Not sure why FMG would block it, maybe to do a deal on the cheap at a later date ?
Other risk is FIRB blocks it - although I believe this is unlikely.
I’m hoping Rio bids but for the reasons above they may feel they don’t have to.
GLTAHs
- Forums
- ASX - By Stock
- CZR
- CZR "FOMO"
CZR "FOMO", page-300
- There are more pages in this discussion • 174 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CZR (ASX) to my watchlist
(20min delay)
|
|||||
Last
27.5¢ |
Change
0.020(7.84%) |
Mkt cap ! $64.82M |
Open | High | Low | Value | Volume |
26.0¢ | 27.5¢ | 26.0¢ | $52.72K | 196.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 138646 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.260 |
2 | 17761 | 0.250 |
3 | 42701 | 0.245 |
3 | 111000 | 0.240 |
1 | 10000 | 0.235 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 138646 | 4 |
0.280 | 195168 | 2 |
0.285 | 59294 | 1 |
0.300 | 8600 | 1 |
0.305 | 58824 | 1 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
|
|||||
Last
26.0¢ |
  |
Change
0.020 ( 1.96 %) |
|||
Open | High | Low | Volume | ||
26.0¢ | 26.5¢ | 26.0¢ | 11889 | ||
Last updated 13.02pm 05/06/2024 ? |
Featured News
CZR (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non-Executive Director
Simon Kidston
Non-Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online