...and he's trying to circumvent a bidding war with his 'top up' scheme. At every turn except the last, BG has underbid and tried to pressure shareholders into accepting. I am prepared to receive less and sell to another instead of selling to him. Unfortunately the drop below $3.30 the other week meant he built a decent shareholding, so he will profit, even if he sells into any future Palmary bid. A pity. If he got burnt bad, he would be less likely to try to screw shareholders in future (which of course is easier when done with the help of a weak-willed board of course).
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CSM
cosmo gold limited
now 4.30 on market, page-5
Currently unlisted. Proposed listing date: TBA
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Frazer Bourchier, Director, President and CEO
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