CHZ 4.17% 12.5¢ chesser resources limited

Ann: Notice of Annual General Meeting/Proxy Form, page-2

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  1. 783 Posts.
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    once the capital return is finalised and returned to shareholders, there should be $4 mil + left in the company give the favourable movement in the AUD/USD exchange rate since the deal was signed with some additional assets so the share price should be about 3-4c on cash backing alone.

    the risk i see is the purchaser defaulting or some other left field consideration otherwise this is a no brainer at 15c IMO
 
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