Institutions have a conditional acceptance facility. They also have systems in place so they don't rely on the post. I am not sure if carrier pigeons are still used . Perhaps base this on what is likely rather than hopes.
What I like is the overly optimistic who have loved Hancock until the offer wasnt enough then all they saw was something better coming along and predicted Hancock has no chance. Once Hancock get 50% the same old people who have been wrong every step of the way will be saying how good it is and that Hancock will be a good thing. If you cannot see risk how can you invest . I still predict 55-60% assuming FMG hold. It is looking a minimum.
Then I predict AGO will lose some port access on a use it or lose it basis in September. 2 new companies will take up the port and Atlas will be capital raising in very unfavourable conditions. Hancock will do what they are legally obliged to do but no more. They will want the rest of ago cheaply and are in no hurry.
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