WIN/WIN 2.5c whether NMDC or Mt Celia (~$287M EV) - Bidder Statement, page-27

Hi Vincent
Finally someone with some common sense posting on this thread
My understanding is that NMDC only have to offer an a 6 month average of the Vwap (this is from a more than reliable source)
Why would they offer any more than the last 6 month trading average for the riches they hold ?

Indians are shrewd businessmen
Their play is a long term one, that the ASX and our Government is allowing them to take full advantage of (good luck to them)

All this speculative rubbish about .3c and holding out to .5c is designed for individual gain
Dont get me wrong i would jump at .3c however i just cant see the share price going to 10 times its current levels - LOL
My angst is that NMDC can and will get away with it hurting average Australian Mum and Dad investors

IK