Even if they announce today a take it or leave it offer of $1.40, does anyone seriously expect the share to be trading for less than $1.40?
Management and UBS will then come out of slumber and begin a massive promotional campaign. Westcott, you will be in dreamland once all the drill results start flying out.
The we wait. Just like POL, the other potential suitors will reveal their hand.
First offer for POL by MIN was valued at 38.5c. Lion group comes into the ring with a 60c offer.
Sit back and relax and enjoy the games when trading resumes.
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