asf
CBX on the 25th Sept (day of merger announcement) had a MC of $12.9mil.
Since then approx $5,500 of stock has been sold to push the MC down to $9.2mil.
CBX top 20 holds 81% from memory.
MTE top 20 holds 74%.
MTE has had distressed seller for while now. The seller also was selling BND down to 9.7 cents back in June.
CBX and MTE were originally spun out of MLM. Who happens to be a major shareholder of MTE with 30.8% and CBX with 18.57%
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asfCBX on the 25th Sept (day of merger announcement) had a MC of...
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