EMR 1.98% $3.96 emerald resources nl

Ann: Recommended and Unconditional Takeover Offer for Bullseye, page-3

  1. 2,641 Posts.
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    Maybe a case of wait and see. Not a bad tactic really. They can always come back in next Friday at the last moment, along with any other wait and see-ers.
    After the emr offer closes the only way out for them is to Xinhe, and only for another week, unless Xinhe extend their date again. Then they don’t need to pay so much.
    So if the remainers haven’t already sold to Xinhe, there is a good chance that they will rush to accept emr’s offer by the end of next week.
    If they don’t make a decision the remainers face a bleak future.
 
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