AYT 25.0% 0.5¢ austin metals limited

takeover, page-2

  1. 2,354 Posts.
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    I can not imagine anyone selling yet. I am sure there will be a higher bid before this bid lapses. To share in the spoils other AYT shareholders need to just hold their shares for now. I will try to hold for as long as possible as I do not want to sell to brierley, Wilson, cuffe who will only bid what is a smart price for them.
    I guess if they bid high enough in the end to get 90% I may not have a choice. INE could be a possible play for upside on all this but remember even if they get full control of AYT it may only represent a third or so of INE's company's value.
 
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