Another bid is quite likely and very soon.
The current TO bid is a great advert, in particular they have obviously done their due diligence and the Centro permitting is coming very soon. That's why they pounced today in all likelihood,.post permitting they would have to pay a lot more.
IMO miners and hedge funds worldwide will be considering their options right now.
They have to move fast because the current predator will have been accumulating today to get a blocking share.
Other predators may have been accumulating as well, they have nothing to lose and everything to gain.
Foolish to sell today, the party may just have begun, also quite rational to buy today.
20 cps 30 cps 40 cps all possibilities once the bidding gets underway.
Add to My Watchlist
What is My Watchlist?