Carlton Res. Share Discussion Threads

[25cent] 17/6/2008 10:55

Adda it would have to be some mighty sell off to get this much lower with a real new asset value at £1.23 p share after converstaion to CBM stock.
If anyone intends to hold CBM shares it matters little how thin the market is in cln or the spread for that matter as these will as we all know turn into CBM shares in a couple of months time.

[adda] 17/6/2008 10:50

I'd factor in the spread, the price is driven by MM's and the depth of the mkt. Not saying it justifies such a large discount but in the event of a sell off in the mkt you could be left turning the lights out.......CBM seems to have more depth on both sides.

[papillon] 17/6/2008 10:42

They have woken up 25cent; perhaps they read this bb?

[25cent] 17/6/2008 10:39

I think they just noticed ;-)

[remp31] 17/6/2008 10:37

free money given away here don,t tell the mm's

[25cent] 17/6/2008 10:25

The cln bid price @ 68p is now 6p (over 8%) behind the "real" cbm offer price at CBM shareprice of 243p.
243/3.25 = 74.76p

[sportbilly1976] 17/6/2008 10:20

superb news release today.

CBM's investments worth £4.21 per share - equivalent to £1.29 per CLN share.

CBM currently at £2.42 bid, yet you can effectively buy CBM here for £2.275 a share...

thank you MM's !!!

[remp31] 17/6/2008 09:19

cbm up and we are down?doh!

[steeplejack] 16/6/2008 15:45

With CBM at 239p mid,CLN is worth 73.8p.Bit of discount can be expected but currently too large at 70p offered.

[lefrene] 16/6/2008 15:24

Even if it didn't (highly unlikely), CLN will be absolutely coining it 12 months from here so long as prices don't collapse.

[remp31] 16/6/2008 15:23

mm's waking up or someone realised the value.

[bushtuckaman] 16/6/2008 15:07

I'm toying with dumping more CBM for CLN again at this discount, seems free money. Surely the takeover will go through.

[remp31] 16/6/2008 15:01

yup if u believe the story better 2 buy cln than cbm and then cash in on conversion

[papillon] 16/6/2008 14:59

CBM 241p to buy. 3.25 CLN only 221p to buy. CLN currently a dead cheap way into CBM and hence WTN.

[lefrene] 16/6/2008 14:48

No remp31, just drumming our fingers on the table top waiting for the uplift.

[remp31] 16/6/2008 13:45

cannot beleive the discount of this 2 cbm.where is everyone?already spending their cln profits?

[remp31] 16/6/2008 12:35

cbm spiked up to 240p cln should be circa 73p.get your free money while u can.

[lefrene] 16/6/2008 10:45

With the returns looking so juicy I would have thought a Bank would be falling over itself to lend the money, indeed will CBM prefer to borrow the money itself against the projected production and keep the rest of its powder dry?

[dia43] 16/6/2008 09:26

bub
yes yes yes

[lasata] 16/6/2008 09:04

Can someone explain how much these "continuous miners" cost and how they work -mentioned in today's RNS?

[ppowerscourt] 16/6/2008 08:14

Bub, it's more like: "If you can't be with the one you love; love the one you're with." lol.

[volvo] 16/6/2008 08:14

LOL I suppose so.

[bubface] 16/6/2008 07:59

thank cbm? is that on the basis that if rape is inevitable you are might as well lay back and enjoy it??

[volvo] 16/6/2008 07:57

Think all Coal International shareholders can thank CBM.

It is clear that CLN needed CBM financially.

It is also clear that CBM have just bought a great cash making company for 2009 and on.

[bubface] 16/6/2008 07:52

all very bullish apart from needing $22-25m to ramp up production..the excuse for having to sell business to cbm.cbm are playing the part of south audley/cbm financing western canadian apart from there the minority holders were allowed a free ride on the upside..we have to sacrifice independence.
c'est la vie.