OZL 0.00% $26.44 oz minerals limited

firb exetnds 90 days, page-70

  1. 1,134 Posts.
    Here is another angle as to why this has been extended for another 90 days and believe me, they may use every one of those 90 days.

    By pushing all these dates forward would mean they would then in turn push the dates forward on the other offers for (FMG, GBG & RIO).

    Why you might ask...? because they need the RIO offer to stay opened until November, then BHP can legally re-open it's offer for RIO.

    Whalah no more need for the Chinese to take any strategic stakes in one of Australia's golden eggs. It will then pave the way for BHP to offer 3.4 shares for each RIO share again, that the RIO board would then accept agian.

    IMO FIRB are more concerned about RIO and FMG than the others.
 
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