The crux is - we want to keep exposure to CSM assets. That is why TTY's 3:1 offer is far superior.
The new TTY will be composed of a large proportion of CSM, so in a way, TTY's share price depends on CSM market cap & TTY bid ratio. CSM SP does not depend on TTY SP & offer ratio.
CSM
cosmo gold limited
The crux is - we want to keep exposure to CSM assets. That is...
Currently unlisted. Proposed listing date: TBA
