IMO...with "MY" taking on Waratah Board this could only mean : 1. that he is not happy and looking elsewhere.
2. that he is NOT going to do a private deal to go it alone with BCI.
3. FMG are not going to do anything either otherwise I think MY would have stayed and supported FMG (Twiggy). Thus leaving only Consol" as a possible late bidder.
I am still wondering and at wits end as to understanding why there has been so many shares still being traded daily. I understand that many s/holders are trading out BUT SURELY NOT THAT many every day.
Could it be that Regent is buying up everything just in case another bidder does come in with a higher price and once again they are or will be in the winners seat.
I wonder what would happen if say Regent were to withdraw their offer now.
Once again I am holding to the End as I do beleive it just won't end here !!!!!!
BCI Price at posting:
$3.25 Sentiment: Hold Disclosure: Held
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