The next offer will not be that high... they are not that stupid. They have been able to gain over 10% at or below 28 cents. The only reason we would get to 55 cents if we get some other bidders physically pushing the price that high. This will only happen on the back of some very good announcements., something the scoping report should have helped with.
It's a strategic asset.... so hopefully the board can continue to sell the AHR story... The stock could become fairly liquid if the Chinese start selling up declare defeat whilst new buyers fight for market share....
Should get interesting soon I think.
ahr undervalued, page-7
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