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....
TTY Price at posting:
44.5¢ Sentiment: None Disclosure: Held