re: chance of another bid rager Rager they dont have to get a secret kicback . The scrip price conversion rate is $2.12.
They simply have to match the scrip price with a slightly higher cash bid and then " buy the shares " from the instos.
You honestly dont believe that everthing is sqeaky clean the regulation of the ASX is a joke.
The only time in recent memory that had a go was on some poor hic from CDU for getting over enthused with a press release that wasnt jorc compliant.
You need to look no further than to see that Merryl lynch were loaning stock to the shorters whlie buying om market and accumulatin on behalf of Tullow all the way down from $2.20 to $1.20.
Whick Broker is advising Tullow on this deal ? hmnn M.L
And how much of Tullow do M.L hold ? hmnn 13%
Im not saying Im write or it is a conspiracy Im just saying your are naive if you think its doenst go on on a daily basis.
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