brenden i think that they company is taking its time with this deal, if it was a done deal the suspension would not be necessary. I agree we wont be going down to 1.40 but ive also read some conflicting items in the media; the west says $1.40 per share for 100million and businessWA quotes between $1.40-1.70 for $120million. Personally if the deal is done then the deal is done nothing you can do but with the shares not trading they are in a position to renegotiate terms you would think. Knowing management these plans werent rushed and its more likely that seeing the BHP-Rio deal come out they were thinking it might be time to capitalise on it. As i have said all along however we are all just speculating, the exact terms will be released when they are ready. But judging from the past retail investors won't be getting a slice of the pie, but thats fine with me as long as the intsos are earning their shares, no discount!
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