Possible third bidder? With the other two bidders offer periods ending towards end of July (24th & 30th?) there is plenty of time for a third (or even a fourth) to enter the bidding process. Approximately 300 million shares have changed hands since UAC made its original offer. Approximately 100 million shares at 90c plus. That is some serious money expecting a higher bid. I think by the end of next week we should see another at least one other bidder.
IFN Price at posting:
92.0¢ Sentiment: Hold Disclosure: Held