It is strange that people are selling at $1.40 today. The target statement is due tomorrow. Wyloo are not withdrawing the offer after the ore issue. so why sell before the target statement which should explain Management's past ore problem-in detail, whether significant, easily fixable etc.
and indicate if discussions have been held with a counter bidder ! Those selling today on market will not get an increase if there is a counter bid (not saying there will be, just stating the obvious !)
MCR Price at posting:
$1.40 Sentiment: Hold Disclosure: Held