Wow , are you sure it wasn't you that made the call MA, you have a strikingly similar tone of confidence for MAK as the gentleman on the phone.
"Its normal practise. As a MAK holder I wouldnt expect anything less. If you are attempting a takeover you do everything you can to make it happen."
They haven't tried everything yet, some companies actually raise their bid when they are TRYING to succeed in a take over.
"Not sure you come to a conclusion that them calling you to convince you to accept their offer is 'struggling to manage their own affairs'."
This statement would hold water except the fact i only hold 87,000 BON shares so how would my tiny holding have any significant bearing over the outcome, this is my reason for the apparent struggling comment, there has to be more significant holders than me ( i hold $4,000 worth of a $10 million dollar company ) hardly a big fish worthy of catching i would think.
"UCLs offer is not better than MAKs."
I'm afraid that is not true , just do the math i'm sure it is better $$$ wise.
"It is clear MAK are not going to get 90% from here, certainly not by the 28th. They do have control however and that's not good for UCL, especially if they dont get their placement over the line."
UCL has already secured their $4 million dollars without one BON share needed, so i guess someone really believes in them, someone with lots of money!
"A successful takeover by UCL would have seen their share price tumble."
This would be true, one only has to see how it affected MAK's sp, it's called dilution.
"If RP doesn't hold and rise from here none of BON/UCL/MAK will make any money out of their RP ventures."
Now you are really speculating, if RP price continues down hill it will make companies with cheaper OPEX more attractive to investment, now let's think BON/UCL have a stated OPEX at $26 USD pt, MAK has dreams of a rail link in the middle of the desert.
"Very shaky times right now for UCL."
Refer to your last statement ,sounds like you have no confidence in any of the 3 companies.
"Much safer to keep your BON."
About the only part of your post that makes any sense.
I'm sorry MA , but if any one rings me to sell me a product they have to have their facts strait,and trying to scare me into accepting by using the " you'll be left out in the cold " sales pitch just doesn't cut it with me. Maybe AD should rethink his telemarketing scam and ring me himself if i'm such an important shareholder.
I brought into BON for a reason, and that reason has not changed. Billions of tons of phosphate on the ocean floor, just need to suck it up in a pipe, no digging or drilling holes to look for product just move the boat and presto a new hole.
Ok i admit i'm sold on the BON story , so go ahead and call me a ramper or whatever, but the facts don't lie. Fact 1 , BON has already proven ocean floor recovery technology with their diamond dredging operations. Fact 2, Bon has successfully retrieved phosphate samples from the ocean floor for both UCL and themselves and achieved this within said time frames. Fact 3, BON/UCL have a concrete OPEX costing to any shore based facility. Fact 4, MAK has none of the above to their credit.
AEV Price at posting:
43.8¢ Sentiment: Hold Disclosure: Not Held
