Thanks Dochico - makes sense to me.
My gut feeling is that 3.36 is a low offer and higher offers may well arise (based on banter in the media and message boards etc). I won’t be selling WSA atm (3.70-4.00 sounds more reasonable).
I am tempted to lighten my holdings in IGO next week (as I’m thinking that competitive bids will impact their share price?).
cheers
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- Ann: IGO: to acquire Western Areas via board recommended scheme
Ann: IGO: to acquire Western Areas via board recommended scheme, page-77
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