re: Ann: UCL: Takeover bid for Bonaparte Diam... Maybe UCL is just doing this as a spoiling tactic
Maybe they just don't want MAK to merge with BON and they had to make a decent enough bid that will at least make the process a lot messier for MAK. But is UCL really in a position to follow through ?
and we should remember the recent case of RIO - I'm sure despite many RIO shareholders scorning the BHP bid - most would wish it had eventuated.
These are just for questions for BON holders to make judgements.
As a MAK holder, I just hope the process is decided quickly (either way)
In any case to all BON holders, hope this turns out well for you aswell
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Ann: UCL: Takeover bid for Bonaparte Diamond Mine, page-35
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