Nihilism , no ones asking you to have sympathy for those who paid 35-6 cents - after all your nick-name is Nilihism ! but a hell of a lot of small holders are small as am I relatively - and even by ASX standards they shouldn't be disadvantaged - in some sense they have lesser to loose than the bigger players . This offer is a shake out . I don't need to sell at 31 1/2 I can get 33 if it proceeds anyway . The company heavily promoted this project on a high rate of return- most people weren't in it for a couple of cents - even I can do better than that !. So why are you confused ?- after the last report we thought it done & dusted accept for offtakes & financing . Now we are effectively being told by the board ( because they support the bid) that it won't proceed unless Tremont fully controls it - so why are you so surprised holders are peeved!
CXX Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held