What has happened to those here who said the iron ore price counts for nothing in this take over deal,when it is going up. Only counts when it goes down to drop the offer price? Up by just over $90 per tonne from the low of $68. I believe it was around the $80's when $0.45 cents was excepted by the Directors. Now around $159 per tonne going by reports this morning.
Absolutly disgusting if the Directors do not seek a rise in the take over price.
Regards Westcott.
SDL Price at posting:
36.5¢ Sentiment: None Disclosure: Held