I wish it was Glencore but doubt it . With Glencore bid Alita would have been relisted and shares reinstate to avoid the need for FIRB approval which meant the best outcome for shareholders. Sure Glencore would eventually try to screw us as well but at least with relisting we would get fair market value instead of the few cents in the dollar that is likely we'll get with a dodgy secret deal. I expect we'll see a long drawn class action against the DA once the details of the secret deal is revealed.
A40 Price at posting:
8.2¢ Sentiment: None Disclosure: Held
