CSE copper strike limited

value realisation, page-3

  1. 247 Posts.
    lightbulb Created with Sketch. 16
    Thanks for the reply cdchi1

    As an example, if a scrip offer from SYR for CSE was at a 10% discount to the underlying SYR shares held by CSE then:
    - SYR would obtain the SYR shares at a discount to market value
    - CSE holders would get a step up in value from the current discount and would continue the ride
    - CSE could get capital gains relief (Assumption, not fact)

    i.e. No cash, just a rearrangement of the holdings to remove the 30% (?) discount.

    Wouldn't this be beneficial to both SYR & CSE holders, of which we are both?

    I'd be happier if a Chinese company took out CSE with a highball bid to get a strategic stake :-)
 
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.