CMR 0.00% 15.0¢ compass resources limited

gap closed for the bulls, page-6

  1. 2,725 Posts.
    aru did a compliance listing of nup with no public offer component

    for cash a rights issue was offered to existing share holders

    in cmr's case there is enough cash in the mother ship not to require any raising whatsoever to fund the yellowcake quest...

    so while i understand the rationale for the uranium spin off the question is why the need to dilute existing shareholders through an ipo component? any takers gents?
 
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