CMR compass resources limited

No not saying that at all - I am saying it was a negotiated...

  1. 2,463 Posts.
    No not saying that at all -

    I am saying it was a negotiated transaction from hunans to someone else. and i reckon 4.10 is a fair price but only because of the effect that buying or selling a whole 6 million shares on market would have on the price.

    If you had the money to buy 6 million shares and started buying them on market you would drive the price up heaps - equally if you had six million to sell - you would push it down heaps - just look what happened when gordon sold a lousy 1 million on market.

    The more sensible approach would be to sit down an nut out a price that recognises it would be to neither parites advantage to try and do it on the open market
 
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