CAH 0.00% $1.71 catalpa resources limited

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  1. 737 Posts.
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    tonymc... just a query kind sir... you say "if the share price reflects $2.00 or over by the end of this year then I'll take my hat off to the benefits of the merger"

    ummmm... doesn't the SBM bid value your CAH @ $1.83 today?

    isn't the $1.83 SBM bird in the hand today (i.e. the near term), worth more than than the possible $2.00 merger bird in the bush in maybe six months time??

    I know what I would take! Especially given the uncertainty of the markets added to the uncertainty of the merger deal!
 
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