CO1 0.00% 12.0¢ cobalt one limited

It's not quite that simple unfortunately. So I don't feed you...

  1. 2,768 Posts.
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    It's not quite that simple unfortunately.


    So I don't feed you info that I know already, and it needs to be checked. Work out the percentage of market cap (Say $130M) that you will initially start off with in the new entity when it all merges (and there are 3 companies actually merging here). Get back to me when you know the answer.

    Here are some tools:

    http://www.marketindex.com.au/asx/co1

    https://www.bloomberg.com/quote/FCC:CN

    The downsides here are:

    1 - 4 months till merger for the SP to be played around with (also opportunity cost where it could be employed elsewhere)
    2 - Risk, which I consider pretty low. Not in production and plenty of drilling required.
    3 - Timeframe to maturity, maybe 3-4 years.
    Last edited by shades2: 24/07/17
 
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