CAP carpentaria resources ltd

takeover target, page-4

  1. 854 Posts.
    The price of CAP is ridiculous when you compare it with GUF, whose price is represented substantially by Hughenden.
    GUF has an egm coming up which will tidy up its register.

    At some point, a new entity needs to be created, that covers the Northern Galilee assets, that will be mined in he not too distant future, as one. At present the area is owned by three entities....GUF, GUF+CAP, GUF+Chairman. Is CAP going to be bought out, or is it going to sell its share of Hughenden to GUF? Perhaps the current play has something to do with this. Or is someone just accummulating CAP before the Hughenden announcement that will impact on the shareprice?

    Only an opinion, could be wrong.
 
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