CBH 0.00% 7.0¢ coolabah metals limited

Reason for Toho not takeover....Toho is a multi billion $$...

  1. 163 Posts.
    Reason for Toho not takeover....Toho is a multi billion $$ company..one of the largest in Japan..with many billion $$$ sales in Zinc and lead...Toho bought into CBH longtime ago and could buy us in a flash...Toho is a ethical company which views their investment not as a greedy shark but as a LONGTERM supplier of raw materials...differently to us white people..Toho will anyway own 33% to 39% of all shares so a takeover by a other predator is not possible bar if Toho wanted to sell,,,now why would they want to do that as CBH supplies raw materials for their smelter..as I said before Nystar is but a flea against TOHO..also Toho wants to work with the local community..and by doing so we all will share in the bounty...I hold CBH and PEM..and will carry on doing so...after all the Asian in both company have not just $$$ in their eyes but the viability of a good supply of raw materials...as far as 15.5cents for CBH its still a NO BRAINER...20c is the bare minimum this SP should be...it was the shortsellers and hedgefunds who nearly destroyed CBH
 
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