AGO 0.00% 4.5¢ atlas iron limited

Ann: Change in substantial holding, page-18

  1. 558 Posts.
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    90% sure, most who are going to accept will do so closer to closing date (as I will) just to make sure.

    If you were planning a takeover bid you wouldn't want opposition to get any extra shares as it will make your takeover much harder. Any delay in a bid would be a bad option because every day Redstone gets more so makes your job harder. The acceptances will really flood in from Monday week.

    I do think it is 50/50 Redstone up their offer to 4.5c (my guess).

    I do think after it is all over Redstone and FMG will cut some sort of port development deal.
 
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