they cut a deal, they lose their jobs; they don't cut a deal and the bankers don't act, they lose their jobs at the next agm they don't cut a deal and the bankers act, they lose their job.
I'm not sure their jobs is all that relevant.
can i suggest that holders need to be clear why they are holding ... if its because of a potential takeover, then learn to enjoy the uncertain ride...if i were a buyer exposing myself to a $200m deal, i'd use every god dam tactic i could think of to frustrate a seller ... including geese shareholders like me! messing with a vendors head is a good thing.
the enemy to mug punters like us is that regulatory regime and reporting obligations allow discontinuous disclosure ... IMO there is still really no compelling reason why they need to make an announcement Monday ... bugger bugger bugger!
have a great weekend.
DML Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held