I hold neither RUM or CEN but am keen to build an exposure at some stage to the calorie creators. I have been watching this takeover and JV stuff with interest but I must say I am a bit surprised at the way the CEN board is behaving.
It appears to me that they just don't want to deal with RUM - I am not sure they are acting with the shareholders best interests at heart from what I can see.
CEN shareholders can have 49% of just their piece (not it is inferred so might not be as big as you think) or 25% of both theirs AND RUMs piece with more guaranteed cash and a much quicker timeline - also the surety of a decent measured resourced.
Good luck all - maybe I'll be joining you one day.
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Last
$7.63 |
Change
-0.360(4.51%) |
Mkt cap ! $1.867B | |||
| Open | High | Low | Value | Volume |
| $7.96 | $8.18 | $7.63 | $128.6K | 16.03K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19 | $7.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.00 | 1428 | 1 |
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| Last trade - 14.47pm 27/11/2024 (20 minute delay) ? |
| CEN (ASX) Chart |
