That possibility - or a similar scenario - has been on the back...

That possibility - or a similar scenario - has been on the back of my mind ever since QGold emerged as a major holder in RXL. However, I strongly doubt it has escaped the notice either of Hawke's Point who have proved with their other Aussie winners they know how to fend off unwanted TO bids. Let's see how the maths look once the upcoming vote on the Second Tranche is completed. Meanwhile, IMO a daily check on the trading and how it's clearly reining in RXL's SP to the level of the recent CR, suggests there is plenty of interest from brokers on behalf of their clients, whether old or new. Topped up in a small way myself to take advantage of a price dip that may not be around for long once the revised MRE is announced. AIMO. DYOR.