The previous rebuke by BYI was a joy to read, they really put MFI in their place.
So, MFI are now trying to scare (/dupe?) BYI holders into rushing their decision, whilst destra are in a trading halt and presumably about to announce their alternative offer (which must be higher than MFI, a minimum of the price of the 10% stake they recently purchased). A desperate move by MFI, and quite convincing for anyone that doesn't really know what's going on.
I can't wait for destra's announcement ... let's hope they manage to get it out well before Wednesday (as per the last date mentioned in the trading halt), so that MFI's scare campain doesn't get them many more shares.
These sagas are a lot of fun to watch. The MPH deal was very dramatic, and it looks like this one will be the same (assuming destra don't back down ... we'll know in the next day or two).
Cheers.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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1 | 55555 | 0.090 |
1 | 50000 | 0.087 |
1 | 150000 | 0.086 |
1 | 20000 | 0.085 |
Price($) | Vol. | No. |
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