CGG 0.00% 53.0¢ citadel resource group limited

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  1. 4,420 Posts.
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    This is from the EQN forum. Show that some will have an interest in keeping the CGG price down, if their main aim is to be in EQN:

    "Here's an opportunity...
    I bought CGG shares today at 0.48. They were offered there, and you could get your amount.

    I hold them get the 10.5c cash and 1,000 eqn for each 14,300 CGG and that puts me into EQN at $5.36. A good 15c below current price.

    if the bid is improved I get the upside, happy days. worth a look on CGG weakness.

    cheers,"
 
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Currently unlisted public company.

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