Just an observation but it seems like the CSM board had already valued the company closer to $3 than to $4 and had all but recommended that shareholders accept the offer from P/hirst.This sort of management deserves a huge vote of no confidence from shareholders and those who support MK know exactly where most of these so called managers will be when he finally gets back behind the wheel. In the mean time, if Maquarrie are correct, then we should all be buying up big at current prices.Best of luck to all CSM holders.
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CSM
cosmo gold limited
macquaire recommendation, page-3
Currently unlisted. Proposed listing date: TBA
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