Most likely that NST will raise the offer price once or twice after acceptances fall short of 90%.
This will be a similar pattern to other takeovers where the predator has entities with blocking stakes.
I think the first increase offered by NST will be a few cents, maybe 2-3, but don’t think that will wash, A final offer of 40 cents, subject to where the gold price is, should be the game changer and get NST over the line
EAR Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
