takeover rumour, page-10

Strutter, a month or so ago I developed doubts about this mob. However, I am now back on board and will let the actors play out the scene and sit back for the ride. However, there will be some holders who don't share the same belief re takeover, $3 a share, valuations based on 1P, 2P, 3P and they will sell out and crystalise profits. The acquirer may already be buying up stock at this price ahead of a full takeover offer. Why the hell pay 100% at $3 or more if I can accumulate at $1.10-1.20 until I get to the 20% threshold where I need to declare my hand (even then, Corps Law has provisions for creep above 20% without the requirement to make a formal takeover offer). Don't let the day to day movements scare you.