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6.6¢ cradle resources limited

Ann: Tremont Makes A$0.33 Per Share All Cash Offer for Cradle, page-61

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strauss

22,120 Posts.

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10/03/17

13:25

Post #: 23251130
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Originally posted by nihilism ↑

A profit now for potential later? Have you seen the niobium market? it's pretty well controlled and once it becomes uncontrolled it'll become pretty saturated.

I think this isn't an outrageous offer to accept given the funding costs etc that need to go right before anyone sees profit otherwise.

I can understand people being disappointed but people are writing like it's an outrage.

No. It's an outrage what happened to SGH holders, or to Forge shareholders. It's not an outrage for a company to sell for almost the highest price in 5 years and return value. They were between 10 and 15c in 2012, that's a return for long-time holders of 300% in 5 years, around 26-30% return YoY (compounded).

that beats every asset class by MILES in the same timeframe. Stop your whinging IMO.

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I suppose as they sas profits profit and will be about 30% for me which beats a loss but Im just used to multibaggers Nihl

your sentiment says stock held and buy? typo or did you buy today

Last edited by strauss: 10/03/17

CXX Price at posting: 31.0¢ Sentiment: None Disclosure: Held
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0 Great analysis

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