RE:RE:RE:RE:The Long Haltnewsimon1707 wrote:
I think FCC will get smashed when they trade again...
why should they. They traded after they ann the cobalt one deal and the LOI with CSK.
I more expect them to approach 1$.
Cobalt One shareholders will be the majority owners of new FCC with about 50%-55%.
Cobalt One shareholders, if BB in AUS are any indicator like the 3 ways deal was well.
Why is it halted, and maybe for another week or so? Not because of CSK deal, which is pretty clear imho, its because they are merging with a Australian comapny and therefore need to file some material first. totally normal and nothing suspicious.
Sure, one has to wonder why CSK is not trading like it should.
Well maybe one or two bigger shareholders had different plans, who knows.
I think
A) FCC will trade up or at least stay above 0.7Can$
B) the deal will close with both cobalt one and CSK
if markets were rational all the time, it would be much harder to make money ;-)