CUO copperco limited

maiden full year profit highlights, page-10

  1. 926 Posts.
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    The only thing still to note re the takeover is that CUO shares have not yet been issued for the 5% of MXX shares acquired via compulsory acquisition.

    This still amounts to quite a few new CUO shares that will be held by people who may not particularly want them.

    So, when they are issued in the next couple of weeks, I wouldn't be surprised to see further selling pressure for a while.

    PE
 
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Currently unlisted public company.

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