9 million bought/sold this morning

i assume this is hedge funds buying to accept offer at 57c.... quick little profit.

my confusion is why would you sell at 56c when it looks almost guaranteed for 75% (and 57c offer)??????

maybe it is the very slight chance it doesn't get to 75%?

either way, about 2% likely to be added to acceptances - must be very clsose to 75% now! surely an updated sub holder notice from exxaro in next day or so.

c'mon 57c - more from cfe and eqx point of view than personally - i sold on market.