AGO 0.00% 4.5¢ atlas iron limited

Ann: 4.2 cents per share takeover offer from Hancock, page-124

  1. 827 Posts.
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    WTF ! Please stop posting, read the document, consider the document and come back to us with the answer. It is in black & white. Stop and think about it.

    Will give you a couple of hints - Gina was not buying today (she is limited to 4.2c max), Twiggy was not buying today as he already has his 19.9% and can only go to 20% if he makes a takeover bid first (so it was not him). Finally because the Gina t/o is now known she can buy at 4.2c today, but not any higher. The paperwork (bidders statement) will be out in abt 2 weeks time.

    Do you seriously think BHP is buying because a few million dollars went through today ? If that is the case, keep an eye on your house on Xmas eve as apparently some fat bloke in a red suit will be trying to break into your place.
 
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