citi m&a + citi research, page-4

another bid is on the way???

i doubt lower bid will be successful since 1.70 was rejected, and now seems to be very attractive figure that I'm sure many holders will help CFC to reach their 51% control or even higher...

i wont ask why share price dropped so much, coz I see as everyone mentioned in the forum, but i think someone at behind is doing the same game again: push it down as hard as they can, plus Citi adviser come out with a 50c sell target; when they smell some incoming good news from DML before the market opens, they offer the bid.

this time, if they still offer 1.60-1.70 bid, they will reach 51% i believe....