takeover bid by csm, page-5

yeah ,happy about that ,not bad first opening shot rather clever

scrip & a bit of cash for their associates
including Mr Reed from RDR

3 titan shares for 1 csm

plus 36c

3 tirs @ 48c =1.44
1 csm @ 1.22 + 36c= $1.60

noe tirs will trade at a premium & csm at a discount

lots of bells & whistles attached or due diligence
maybe a more appropriate term , either way
this will fire up this sector

cant see anyone getting TIR for less than 70c

would not surprise me that CSM only want 15%
anyway & sell to a higher a bidder

nb keep an eye on RDR