re: just a thought... dyno hi Dyno
One other scenario is that Tullow are using more than one broker to accumulate ? one or more of the 5% holders could be tullow friendly not just Merryl.
It could be in their interest to see Tullow succeed with HDRand hence make Tullow itself a more attractive take over play for a major. Merryl have 13% of Tullow
Dont give me the its illegal thay can only buy at $2.02 bla bla level playing filed bla bla,
Tullow im sure have 10% up their sleeve as a sweetener and will happy to by all the " no Votes " at say $2.25 for the players that have taken a position on market between $2.02 and $2.12.
Could be at at the corporate box at Lords on a nudge and wink to multiple brokers.
Make no mistake this is a very smelly deal and the market is always right.
This is MIM < all over again if there was any real peception of a higher bidder the price would be a lot higher now than $2.05 ?
$2.05 is below the abitrage value of the scrip offer.
Cheers Hoot
HDR
hardman resources limited
re: just a thought... dyno hi Dyno One other scenario is that...
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