TYC tethyan copper company limited

confused

  1. 160 Posts.
    Call me a novice, but I am starting to get confused with all of these TYC happenings.

    Skafell have been wanting to buy Tethyan for the last 6-9 months and have been filling our rubbish bins as their bid is too low.

    Antofagasta come along as a white knight and offer $1.20 per share whereupon the directors of the company recommend that shareholders accept the offer.

    Now we have a $5million placement at $1.20 per share so that Tethyan can carry on their business as per normal.

    So am I soon going to be forced to make a nice tidy profit out of this company or am I about to get further involved?
 
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Currently unlisted public company.

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