If we can get two more of these two week extensions, with Gobi-1 expected to spud later this month, we might get a free look on the outcome and if it strikes oil then management will be in the hot seat with their recommendation and BCP maybe forced to review their offer. A few iffs there I know but it at least gives us a chance to put some pressure on for a better outcome. Personally, I'm surprised that BCP have taken the pressure of some nervous holders to make a decision without running this down to the wire. I'm hoping drilling starts at least a week before close of the offer.
ANZ
Ann: Variation of Takeover Bid - Extension of Offer Period, page-3
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86.0¢ |
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Mkt cap ! $196.1M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52516 | 86.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 15000 | 1 |
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