CXG 2.27% 21.5¢ coote industrial ltd

turnaround story, page-2

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  1. 1,211 Posts.
    good post investor007.

    I certainly found the BDO Kendalls report interesting.

    Elph is certainly getting a good discount..a few cents higher wouldnt have hurt.

    "The average discount to share price of shares issued during 2009 is approximately 17%. This compares to the current discount to Cootes share price of approximately 71% being offered to Elph."

    and Michael and Elph may own 50%+ of the company!

    having said that I probably wont bother to vote
 
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