CAS 0.00% 0.0¢ crusader resources limited

Ann: Proposed Acquisition of Crusader, page-11

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  1. 29,081 Posts.
    lightbulb Created with Sketch. 45
    Just a thought. It read the deal values CAS at 18c , not that you can get 18c for it, I think. So if people buy up CAS up to , say 17c, I think they will still only get 6.60 Stratex shares valued at 1pence for each CAS.
    So, I dont know how trading will fare in the meantime as they do Due Diligence.
    I think they should have just bought the CAS shares outright for 18c and done with it.
    And take no note of anything I said.... I'm probably wrong

    GZ
    Last edited by groundzero: 18/05/17
 
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