yeah, but, jesimore, coe sp is now stuck at .26 and no signs of moving up in a hurry yet...so currently coopers offer will not be taking up by most ipm holders because it's not worth it!!!..and i don't see many hundred thousand offers lined up to buy IPM either....so it's a stalemate atm with coopers offer deadlining with absolutely no hope of winning the bid..and whilst the 1.05 offer probably is a clayton's bid for buying time....there's a good chance that there'll be more satisfactory cash on offer for a takeover or merger of IPM with whoever in due course, don't you think?..and, of course, that's just my view of things and i'm prepared to wait for better....incidentally IPM,COE,BPT,TAP,BOW,MOS appear to me all rather brutely oversold oilers and gasers that's why i've put most my chips on the lot of them..within 6 months i shall see if i was right to do so...cheers, and of course, if ipm sp starts falling again it is an even better buy....:-)no debt, divs, few shares on issue, producing and very good future prospects...get my drift??
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