SPH sphere minerals limited

latest development, page-6

  1. 159 Posts.
    when declared final you can't change the bid

    EXCEPT

    if there is a counter bid, then you can raise your bid.

    If the counter-proposal is genuine, lets hope for a raised bid from Xstrata.

    I honestly think there is $4 in this stock. There are not too many clean acquisitions like this around for a near term production iron ore project and development pipeline. $500m is too cheap.
 
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