If the mine was located elsewhere im sure the situation would be different,while some may agree with my view or not,i have no doubt that corruption in indonesia will limit the upside and all most rule out a rival bidder emerging,with the bidder being an indonesian company im sure the govermant will do its best to win control of fnd at lowest price possable,one can only imagine the pressure or tactics being played out behind closed doors.While i still believe a higher offer will come,the upside will be limited,hope i am wrong just my view.You can not put an australian company under hostile bid in same boat as fnd.Best wishes.
FND Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
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