Yes a BS deal indeed...
This may be a bit of wishful thinking but here it goes anyway:
I'm heartened that 150M of today's shares were bought on chi-X.
Hopefully a group who hold a large chunk of Atlas (and not happy with this deal) are buying up in order to accumulate a 10+% blocking stake.
If more than 10% vote no then MIN will have to shoot that lock off its wallet and hand over a bit more cash to get the deal over the line...
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- Ann: MIN: Acquisition of Atlas Iron Limited
Ann: MIN: Acquisition of Atlas Iron Limited, page-283
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