I thought it a bit strange for the board to put it out the that they unanimously behind the TO going ahead.
They certainly didn't hold their cards up to their chest, just laid them out in front of RRL. I know there is a lot to negotiate but for my way of thinking I would have only put it out there that we are considering the offer.
The upside is at least we know where this could be heading and if all the boxes are ticked we will be happy long term IMO.
I was thinking of buying more shares but I never buy to average up always down - just me. Given the current possibilities .. maybe I will, still mulling the thought over.
Certainly is a good buy now at these prices given the potential in front of us. Exciting times ahead.
CMM Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
(20min delay)
