Ive spoken to a broker who said the followingPAN can continue to...

Ive spoken to a broker who said the following

PAN can continue to acquire shares on market during the term of its formal takeover as long as it pays the equivalent of the takeover price.

Anglo can aquire more shares until it reaches 20% then it must launch a takeover bid. But it doesnt have to proceed to a full takeover. It may go to 51% if it wants to.

There seems to be a high probability of a bidding war to get control of what the directors see as an undervalued Coy.

I would assume Platinum should get a leg up if the positive negotiations in Europe continue.

For me this moves the share to a buy as well as holding my existing position.