RE: Copper Mountain Potential Takeover... Desperate times call for desparate acts, 2guys? CEC is trading at all-time lows, and seems stuck there. With CUM trading around $3, CEC's breakup value is close to its share price - that is, the market is still giving CEC no credit for Raven.
And "they aren't really selling"? Come on, man, when you place a sell order, you have to deliver the goods if anyone wants to buy. Problem with CEC is there's not so much buying - the "sharks", as you put it a few days ago, aren't hungry for this puppy, er, dog.
To float a spurious takeover bid in CUM and an unfounded suggestion that CEC's sell orders are being gamed in some way associated with this takeover bid? It's ludicrous, for one thing, and unquestionably illegal since any information of that sort that anyone is trading on, would have to be insider info.
And as for that Financial Times article, it begins with full closure on this takeover bid: "What could have been?" and ends with "[Nyrstar] had to be able to conduct proper due diligence, which meant that it wanted to be given access to the so-called books. Copper Mountain again declined ..."
So much for full transparency.