CYL 0.56% $1.77 catalyst metals limited

I'm not so sure it's Greywolf @351gt... I think they must've...

  1. 189 Posts.
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    I'm not so sure it's Greywolf @351gt... I think they must've ended up voting yes based on the total votes registered for and against. Probably their public "no stance" was posturing to hope for a better offer which didnt come.
    There was a lot of buying of SGI shares in the final 3 days which I would think were traders looking to arb the circa 35% differential in SGI/CYL share prices given the deal had gone through but SGI trading hadn't stopped. Could also be these people now selling out of their newly acquired CYL shares at a profit.
    Whatever happens short term on share price, I believe once we start seeing the impact of the consolidation that we'll rerate quickly.
 
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