EDC 0.00% 85.5¢ eildon capital group

The plot thickens with Hancock and Gore buying up A 7% stake at...

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    The plot thickens with Hancock and Gore buying up A 7% stake at 94-95c in recent days
    I would suggest they see strong potential for a higher bid from Samuel Terry and little downside with the floor at 93c
    One thing for sure is H & G are not going to sell their holding for 93c anytime soon - so Samuel Terry will have to do something to get these shares unless they can get over 90% and trigger compulsory takeover (umlikely with H & G on 7.26%)
    Your move next Samuel Terry
 
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