CGG 0.00% 53.0¢ citadel resource group limited

eqn takeover, page-30

  1. 4,782 Posts.
    lightbulb Created with Sketch. 1437
    I am just wondering with CGG shareholders now holding the Bidder's Statement (BS hmm sorry for the acronym) if there are any thoughts or questions that might make us decide which way to jump?

    Accept-
    EQN CDIs trading on the ASX
    Dividend still included but no franking credits because EQN is a foriegn company.

    or
    Accept-
    EQN shares trading on the TSX. More epxensive to trade an international share, but not really a consideration for mysef, as this cost will be small relative to the parcel.

    or

    Stay with CGG hoping for less than 90% acceptance, it will track EQN, no dividends for the next couple of years.

    or

    Sell on market.


    EQN SP on the TSX did pretty well friday given the sell down on commodities.

 
watchlist Created with Sketch. Add CGG (ASX) to my watchlist

Currently unlisted public company.

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