ADG 6.25% 0.9¢ adelong gold limited

The Cosmo shares are CSMU - I assume the U means Unlisted, and I...

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    The Cosmo shares are CSMU - I assume the U means Unlisted, and I assume it's by design (to prevent a collapse of value and all the pain of listing/unlisting). So there is effectively no market for these (technically a very limited market favouring the buyer).

    If this transaction goes through, shareholders will just get paid out I would say (if shareholders accept the proposal) - and yes, at a fraction of the loaned value + potentially any residual value.
 
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