BMN 1.27% $3.12 bannerman energy ltd

due diligence by 30th september, page-3

  1. 9,543 Posts.
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    Today is the lowest price since the takeover was announced. It seems some people are more informed than others about what is happening with the bid. I cannot fathom why somebody would be willing to sell this at 26c, even if the takeover price is reduced to 45c.

    Do the Chinese have anything about going back against their word like the Japanese? I mean do they have to swallow any pride if they lower the offer to 45c for example? Or is it just business?
 
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