CRT consolidated rutile limited

what they didn't directly say to crt sharehold

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    The Board of CRT have said don't sell yet, but await the target statememt.
    they said they have appointed and independent committee, and appointed an independent advisor.

    What they have not spelt out, is that, in my questioning of the company, I understand that the Board/Advisor will be ascertaining if any other parties are interested in putting proposals to the Board.

    Iluka acceptance is conditional upon no higher bid, so their holding is available to the highest bidder.

    So clearly, there may be a possibility of a counter offer.

    So I am going to hang on until the last possible moment.
 
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