They rarely pause, and when they do it's always market sensitive.
The last pause resulted in an indicative non-binding proposal.
If they are consistent, then this may be a third party bid over the top of Shandong and Nord, in order to get the auction started again, perhaps followed up quickly by a $1.05 bid from Shandong.
It looks like the "game's afoot Watson".
Do we get a trading halt now, followed by 3 days of speculation before an announcement?
Never a dull moment here.
What the hell can possibly be going on?
Has the Takeover Panel actually ruled on something?
Maybe Northern Star has come in with a $1.50 bid and taken everyone out (ha ha ... laugh ... I'm choking on my Weeties)
This is fun eh!
Gw
CDV Price at posting:
$1.01 Sentiment: None Disclosure: Held