CAP 6.00% 9.4¢ carpentaria resources ltd

its a takeover, page-19

  1. 3,740 Posts.
    the wording states, of a potential transaction, which the board considers is price sensitive,( a take over offer would need no consideration, to being price sensitive),but is incomplete at the time, hence a Trading Halt. this is only how i read it!!. i do think it is of a commercial nature, and so it holds the chance of a share price re-action.(vertical hopefully). i would think the sale, or a joint venture. very exciting company. i think alot of people were expecting a pull-back with the convertion of the option`s. it appears that there are now alot of hungry buyers out there. to miss out on a small trade gain , is better than the major jumps we have seen in the past week. think the big picture.the next 2 months will be very exciting. OIMO>
 
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