CXM centrex limited
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wisco takeover ?

  1. Matt747
    10,494 Posts.
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    31/10/12
    15:53
    Post #: 10938329
    Has anyone pondered that WISCO already having big stakes in the mines and Port Spencer make a bid for CXM in entirety(before the company goes into production). It may co-own the company with BaoSteel or buy out Bao's JV.

    I reckon if it happens, it will be 1Q 2013.

    Taking cash backing + value attribute to the resources (which should be quite higher than now), any sp prediction of such a bid ??
    CXM Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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