My personal thoughts are the capital return was largely due to...

My personal thoughts are the capital return was largely due to some directors and other large shareholders wanting some of their money out, otherwise they would have had to sell on the open market and that would have meant disclosure of change in holding announcements.

Such Anns are bad for sh confidence and the sp would have fallen.

BTW If you wanted to state the names of any companies name for the directors of Chalice to consider taking over, you could probably state them here as the directors of CHN like all directors of various Oz coys do read hotcopper from time to time. Most comments on HC is rubbish, but yours aren't.

Note gold prices are currently down; this must surely be good for cash holding coys.
I'm going cold on STB as I only just discovered the price of potash is dropping. What's the tin company?