CMR compass resources limited

All,Well done.FH have to disclose the proxy votes via ASX...

  1. BT
    377 Posts.
    All,

    Well done.

    FH have to disclose the proxy votes via ASX release, keep an eye out for it.

    The margin will tell you where to next.

    One thing is clear a revised offer with more upside to existing holders will get up as at the end of the day $100M has to be found to cover debt and working cap, not a easy ask for a company with loads of baggage.

    Defeated parties will threaten you with liquidation but they have more to loose than you individually, so hold tight and keep dialogue open for a better offer.
 
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