CYL 1.77% $3.33 catalyst metals limited

Why against CYL takeover : SGI Q2 rev A$12.7 million higher, page-10

  1. 1,278 Posts.
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    Way less than that now, though at one point I had 490k shares.

    Quite curious why you'd hold CYL now though. It's going to drop like a stone when it turns out shareholders gave up 44% of your equity in Whilelaw for 60% of Marymia. Even in the hypothetical case that SGI votes 'for' the CYL merger, CYL shares are again going to drop hard when the 44 million shares are issued for SGI, plus the 75 million or so you'll need to issue to pay down debt and build a cash balance.

    How would you explain your decision to hold, now?

    All IMO, DYODD
    Last edited by PulpCutter: 13/06/23
 
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