bitterly disapointed with takeover price, page-12

I sold today on open. I may re-enter if the price gets low enough. Which it may do over the next month or so, with Hanlong messing about.

I can just imagine a delay from CDB and then an offer of finance... but only for a reasonable price. lol

As for why are people selling? I would guess that most people are just sick of getting messed about, while China picks up this wonderful investment for a song. I wouldn't be surprised if the data out of China, and therefore the price of iron ore, jumps shortly after this deal is done. (I better stop here before I start to sound like Matt)