peteai----AOH must accept the offer if Xstrata wants to take it up---but Xstrata has the choice to buy or walk----as far as "leaning on the valuer"---the valuation is done under a strict code---look up --VALMIN and read it thru. The offer will not be made public unless Xstrata accepts and enters an agreement----this is to allow for open bidding by other interested parties if Xstrata walks. making the valuation public knowledge would be similar to letting ppl know the reserve price of a house -eg--going to auction.I hope this answers your questions>
AOH Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held
