Commander Resources Ltd V.CMD

Take over bid is a massive discount to Cash

[Marketoperator]

Cash 6 mil
Properties 500k
The listed vehicle CMD as a shell is worth 500k-700k

7mil-7.2mil/43 million shares
Company is worth 16c a share

[Buckwheat55]

Definately voting NO on anything less then .14- .17  Between myself and 2 buddies we have close to 900k shares.  Good luck all!

[Marketoperator]

Excellent, likewise. Be sure to call the company and express this directly. Good luck 

[schocor]

I have about 600k shares; I will be tendering them to the highest bidder and I woudl like to get $.11. Cards on the table, this company is too small to be a public company and the fruitexpress deal gets this point right.  The cash on hand will be about 11 cents per share after they pay the finders fee and a few warrants at .07 are now in the money.  Cash burn for this company between

[Buckwheat55]

Strange that after a takeover offer we have basically no volume today!.....or no update from management.

[schocor]

It was curious. They bought up every $.08 share on offer, but few wanted to pay $.085. I am expecting this to move to buying every $.085 share on offer and nobody wanting to pay $.09.  It might be people not thikning the deal will close; but I think its more likely this is too small a comapny for arbs to effecrtively hope on board. To my credit; I bought all the .08 shares I could afford