talks with pem, page-47

Corey ,you never choose to buy the company that is the agressor in a takeover ,the target company is the one that makes the money .In this case CBH is the one you would choose ,not Perilya .Having said that I did buy some PEM for $1.79 ,but only as an interest ,as I have heaps of CBH already . but if you were choosing one over the other there is only one choice .Your comments are not logical in this case .
Look at what happened to ZFX -AGM and BHP -rio ,and just about any other takeover you or merger you can think of .You're only young ,lots of time to work it out .