xstrata now winning, page-5

Jojo,

With 36% in the bag another bidder has buckleys.

I had heaps but now down to a quarter. Seems to me that 2300 has become the ceiling now, with holding costs/uncertainty exceeding the value of the option of a better bid. I do however reckon there will be strong intransience and 90% will be a big ask - initially.

Take a look at the market. Buyers are few and small.

Time to move on imo. CVN is now my largest holding, but not 30%...lol, and not buying more. Your EQN seem to be racing.

EL