let it happen and profit

The original BHP deal indicated that BHP would participate in equity raising and APG need a large amount of cash for the plant, future working capital and other things.

Therefore, BHP will need to take a large amount of shares for this to happen. Most also think it will be between 20 and 30c.

Although many beleive thedeal is almost upon us there are a number of negative people and nerveous nellies who are determined to sell.

So my view is if you have any orders on to pick up stock cancel them, let the sp go down and once settled we can buy up, wait for the announcement and make a nice profit on the trade.