who else will accept?, page-10

MAK

That's my issue. MAK is not offering enough for BON. Hence I will not take up the offer. If I want MAK shares I can buy within the next six months for around 40 cps, maybe less.

MAK has to raise capital. Their share price will drift lower. My prediction is that the placement will be at about 38cps. They obviously have nothing to announce that will excite the market.

As for MAKS other assets - Nothing worth getting excited about. Perhaps in another mining boom.

The only thing that will save MAK is an increase in the RP price. Not likely in the short term.