MCC
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0.00% $16.01 macarthur coal limited

further bids of between $16 and $20 expected, page-32

  1. peterpan8888
    461 Posts.
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    14/04/10
    14:12
    Post #: 6572171


    I figure they will wait for the price to get back to low $15 before a trading halt and a 1st offer around $16.

    It looks better for them than a trading halt at $17 and then come in with an offer at $16

    or
    Wait until the vote fails on Monday and then make their move...
    MCC Price at posting: $15.55 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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