CAS 0.00% 0.0¢ crusader resources limited

Ann: First Day of Dealings on AIM, page-22

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  1. 5,796 Posts.
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    I don't believe they will fold for a second. I do believe though that assets may be sold off or there could be a takeover. This deliberate sell off is not by general shareholders but a broker. I've run the daily buys vs sells. It will head back to 5.5 cents, when is up to the broker when they feel they have bottomed it out. I also believe their are plans behind the scenes with what to do with this company, I still think a takeover is very much a possibility, why to fast track the mine and further provide to market the true value of the other 2 projects which I believe they know and are as big as their prize project. It just takes money and lots of it, so a buyer taking over at a very low entry point around these levels seems feasible. I would stay fast, no point selling out now, wait and see what happens. I will point out and reiterate Marcus did say returns will be long term to holders, same pitch yes but not the same board.
 
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Currently unlisted public company.

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