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44.5¢ cannon resources limited

at 56 % it is all over our canons dream is finished ,that is it...

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454

02/12/22

22:26

Post #: 65128834
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Originally posted by SteveTrev: ↑

You could consider holding your options even if you decided to accept the offer on your shares.
The profit on the options is somewhat limited (even at 50%) since most retail investors wouldn't be holding a huge number.
That way you still have an opportunity to pick up something substantially higher if Kedalion do something positive with the resource. I suspect that they may be willing to pay a bit more down the track if they want to acquire the remaining shares and options but don't have a sufficient holding to force the compulsory acquisition.
However, I'm still hoping that there is someone else out there (and not a private equity mob) that sees value in CNR. I'm with Tolate on that.

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at 56 % it is all over our canons dream is finished ,that is it ,
done deal

CNR Price at posting: 45.0¢ Sentiment: None Disclosure: Not Held
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