RHK 0.64% 79.0¢ red hawk mining limited

court case represents an exit from the deal ??, page-10

  1. 2,077 Posts.
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    Bit of an update from other sources I read this morning about M&A arbitrage funds betting there was about 80% chance the deal would not complete AND on the flipside Derek Francis says the chance of the deal going ahead is about 40%.

    Hedge funds gone smashed in this ... that's a fact, but it's kind of funny I guess. They would learn a lesson from this as I.

    If FMS manangement have any brains thy will place FMS in a TH after close today or before trade tomorrow to limit any inside plays which could give 4 days for people to think about if it is bad OR will trade straight away after TH if it is good.
 
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