The market has pushed CRE up a couple of cents on its announcement.
But on my reading, and I admit it has been quick, CRE by aiming to issue those hundreds of millions of shares at 38c will now be over 51% controlled by another party.
To me that looks like a partial takeover with the current shreholders becoming minority shareholders.
If that is the case I am not impressed.
- Forums
- ASX - By Stock
- CRE
- trading halt over .. hmmnn
trading halt over .. hmmnn
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CRE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online