TTY 0.00% 49.5¢ territory resources limited

buy, page-26

  1. 1,800 Posts.
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    If i had any cash left I would have dipped in for more today....

    "DCM DECOmetal (?DCM?), which currently owns 11.2% of Territory‟s shares, is supportive of the Offer and has executed a pre-bid agreement with Exxaro whereby it will accept into the Offer within 2 days of it opening."

    so I'd say a counter bid has to be offered in the next 2 days or it would get much harder for Noble.

    That would mean if you bought today you would have only 2 days of holding before either selling at about the same price OR getting a quick trade from a counter bid. Little downside risk here....
 
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