I have also toyed with the scenario (in my nightmares) of BHP just walking away.
It'd certaintly give their own shareprice a boost.
But then again, if they'd walk away some other predator would just take the opportunity to swoop on WMR instead now that BHP has pulled the plug.
BHP would be feeling sorry for themselves.
If I am very nervous I might just sell my holdings the day before the bid expires. If they extend the bid I just buy back. If they walk away I will buy WMR much cheaper for the next time.
I doubt it'll happen though. They want that uranium.
Better they raise their bid by also offering some scrip and snatch WMR before the uranium spot price moves even higher. In the future they might have to pay more anyway
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