CSM cosmo gold limited

Off the top of my head, major points are Gilbo bid:+ = less...

Currently unlisted. Proposed listing date: TBA
  1. 1,050 Posts.
    lightbulb Created with Sketch. 139
    Off the top of my head, major points are
    Gilbo bid:
    + = less conditions, all CSM assets retained (we assume) with expectation of adding more,
    - = existing management retained, VERY inadequate offer price.

    TTY bid:
    + = higher offer price, existing management removed.
    - = highly conditional offer, planned divestment of underground assets, offer price still inadequate.

    Of course you do not have to sell to anyone if you believe in the future of the company as it stands, although having it run by people who worked in the best interest of shareholders would be handy. It is downright rude for Carter to claim they have done shareholders a favour by backing Gilbo from the outset. The Gilbo offer only increased because of ongoing shareholder pressure, and now the TTY bid.



 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.