Both proposals are phony.
One is to offer some of your own shares to you, and buy the rest of shares at discount price;
Another is to use pumped up TTY shares to exchange it with your valuable CSM shares.
QAN is a good example for a valued company. Takeover failed, the SP is up to reflect the true value.
Or think about WMC. If not taken by BHP at $8 or something, it might worth more than $30 just for Olympic Dams project alone.
CSM
cosmo gold limited
significant ni results, page-5
Currently unlisted. Proposed listing date: TBA