It is my understanding that coe originally launched this...

It is my understanding that coe originally launched this takeover attempt with the aim of doing that taking over ipm to gain the benefits of ipms fields . If as has been suggested they are winners if they sell at a higher price than they bought at surely it is only second prize as far as they are concerned even if a nice second prize. Interestingly enough ipm traded above the cash offer but not much or for many shares pity as it would indicate a lot of confidence in a further offer if it had motored through