CXX
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0.00% 6.6¢ cradle resources limited

Closed Niobium deal below, page-21

  1. Dentie
    1,085 Posts.
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    12/10/16
    10:02
    Post #: 19792679
    Given the SP is denominated in AUD and any sale price would be denominated in USD ...

    A sale price at USD$500m = a SP for CXX of ~AUD$2.00.

    A point to ponder on may then be ..."given the dynamics of the other sales, is a half billion sale price enough?"
    Last edited by Dentie: 12/10/16
    CXX Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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