Or is it a different strategy by BHP?
BHP has been accepting the material for some time and has just refused to now modify the agreement---just after Wyloo's bid ..........resulting in the share price dropping today - so, who is buying at $1.42? not Wyloo!
Could it be that we will be hearing from BHP early next week of a substantial holding bought at $1.42???
Isn't it strange that it did not drop to $1.40 ? I wonder why it only dropped to that level? is it BHP taunting AF who cannot buy at that level?
Yes it is an Own Goal by Mincor, which is dumb during a takeover.
Remember BHP wants Mincor's ore in the long term.
Interesting times ahead. I'm not selling !
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