CMR 0.00% 15.0¢ compass resources limited

hunan selling on phone to r swan, page-15

  1. 2,717 Posts.
    bilbar

    $4.81 was not 50 cents below market. It was actually top of the market for the last 6 sessions!

    Seems to be a good chance that Hunan may also sell the remaining 6m to come up with the cash owed to CMR for the oxides development. They are probably more interested in the 50% of the production than being shareholders & this transaction has effectively given them the 50% of production for near enough to nothing by being share traders.
 
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