Corp,
only my personal read of the situation, but they would either get the cash proceeds if the receiver sells them to a third party, or they get the shares if the receiver sells into a t/o offer from CFE (as per COV situation) either by paying cash, or issuing CFE scrip
No time frame though.....unless they make a t/o bid
Given they didn't take the 19.9% of NIP up front, perhaps it is their intention not have these in their portfolio at all. But who really knows.... certainly not me
They have a lot of coals in the fire to manage so maybe time is on their side when it comes to deciding strategies for all these orphans
- Forums
- ASX - By Stock
- market action
Corp,only my personal read of the situation, but they would...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $5K | 5M |
Featured News
CLE (ASX) Chart |