huge discount to ucl offer!, page-4

IMO i will hold my BON for the time being, A couple of different things still to play out, the lower RP price goes the more chance MAK will start to look at the dredging for lower opex ATM $26 a ton to port.If this happens then they will pump money into BON and UCL will benefit in SP .
This will make a 9 for 1 offer a lot more attractive.
If RP price goes up then i will take MAK offer and buy UCL on market for the long term as their project will be on back burner and so SP will drop in the short term.
Either way IMO BON is the best position to be in ATM.
I note a few MAK faithful are in the belief that MAK won't settle for just 50% of the action so there is a good chance they may extend the offer or buy at market so if this happens i will have till end of June to make a choice.

Just my opinion so don't shoot me.