- more supply of MAK scrip to potentially weak hands, who have been sitting on an illiquid stock for months
- 50.5% level means that if there has been support in order to entice BON holders into supporting the offer, this would be now not required
- s/p has had a good run the last few weeks
I expect weakness over the next couple of months while people take profits. Possibly the co. may announce some development news, which would help the situation.
AEV Price at posting:
52.6¢ Sentiment: None Disclosure: Held
