dead or alive, page-2

People are probably selling to fund their rights issues. So we will see some weakness into next week. Also something that hasn't been mentioned much is the statement in the Memorandom document
"Additional funding
Depending on the extent to which the Offer is taken up, Marathon may require funds in addition to those raised under the Offer in order to fully implement and carry out the next stage in the development of the Mt Gee project. To this end, Marathon has been considering additional funding options, and has entered into discussions with a third party for a placement of approximately 10% of the Company’s issued share capital at premium to the market price of Marathon’s shares. If Marathon determines that additional funding
is necessary and the negotiation of the placement (or other funding option) proves successful, you will be advised promptly."
Which would be a premium to the $3.33 on the day of the announcement.