EQN 4.00% 24.0¢ equinox resources limited.

about lundin take over, page-2

  1. 603 Posts.
    lightbulb Created with Sketch. 382
    JoJo,

    I truly do not know what to do.

    I want to buy more, but I want them at $5.50.
    Likewise I am happy to sell again but not before $6.50.

    I think the Lundin take over is too much for our EQN to swallow at $4.8 billion and just as the Lundin/Inmet deal brought out a rival ( EQN) so may this bring out a take over bid from RIO or Freeport.

    I think the market does not know what to do either as the shareprice stays so stable.

    Today's S&P reweighting was overdue and while a positive the real deal will be when we make the top 50
 
watchlist Created with Sketch. Add EQN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.