Its signals to potential buyers of MAK that it may pay to hold off ...
There will be ex-BON holders who will takes profits (dilutionary) ...
I think it now means with 50% of BON we have potentially an extra 10 million MAK shares which are obviously able to be sold. Not sure about what percentage of this is Drummond and Co. Happy to be corrected ...
Personally I am hoping for the next downleg in the stockmarket to begin soon and this combined with MAK's need to raise cash should afford me cheaper entry ...
AEV Price at posting:
51.2¢ Sentiment: LT Buy Disclosure: Not Held
