BAck to the CHM Winnings ( if any )
Here is just my opinion of a possible future scenario.
CFE got $400m for a real asset, and is giving $100 m back to its shareholders ( and arent they a cranky lot recently )
They have about 500 m ordinary shares , so they are getting about 20 odd cents per share as special dividend etc.
Now if CHM get $100m ( Unlikely ) they will have a few people to pay off for advisory!!fees etc etc before any distribution is made. They will keep some money for themselves for the "next" great deal. And they will distribute the rest.
It will be interesting to see, given any success with MMX if the next great deal would be an out widey, who knows? to give the correct fees and commisions to long standing supporters of CHM.
Using CFE as an example , about $25 m will make it back to shareholders. Now with 1.145 billion shares ( yep its in the billions as at the annual report ) the shareholders will get back maybe 2.1 c per share.
DAmm thats close to where we are today ( about .4 c away )
They may distribute more, but how would you know now what that would be?
So how does a shareholder sell to get any profit, given a dubious successful win against MMX. To sell you need buyers that believe the future value will be better than the current.
DYOR
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BAck to the CHM Winnings ( if any )Here is just my opinion of a...
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