Yeah that's my theory - WMR SURELY would be on the radar of every big major resource company in existance.
I just dont think this is the last of this whole bidding war over WMR.
WMR has got an asset that everyone wants and that is becoming more and more valuable as time moves on - personally I think think it could be going for substantially more and for the sake of 11c like you said, I'm prepared to take the risk.
What if however BHP doesn't get the acceptances it needs - is it a certainty that they'll raise their bid or will they just retreat and let the SP fall down substantially (which I think it will if no other bid comes in for it) and then re-bid for it later on at a discounted price to now to kind of teach the funds a lesson? I'm worried this too could happen and if it does the SP will fall fast. But is it likely to happen or is BHP deadly serious in taking WMR over at any cost? Your thoughts on this scenario?
