re bhp, page-4

emklien,

The price i quoted at the time was correct.

That was 8 hours before you posted.

It wasn't until the US market opened before things went haywiire.

I think generally the market would like the T/O.
Its normal for the bidders shareprice to go down whilst the one in the T/O situations shareprice increases to reflect the offer.

BHP will more than likely go back to the table and add a cash value along with the 3 for 1 shares.

There is also the anti trust situation.
China would not be too keen on seeing RIO and BHP join forces in particular with control of 50% of the world's iron ore.

They may move to take a 11% block in RIO to prevent a T/O.

One thing is for certain. This T/O bid is far from finished.

Expect something from the left field.

Cheers markco2