Anyone's views are also welcome or feel free to speculate on...

Anyone's views are also welcome or feel free to speculate on Midwest after the offer. (NB I am not recommending one way or the other.

Murcho I see the stock being potentially tightly held with little free float see 4)

Initially my view is that the price will drop short term for the following reasons;

1) Sino have advised extension and offer is final and from what I read they legally are unable to increase the offer for 6 mths after close date.

2) Market to catch up with MIS as all other resources have been flogged.

3)MMX/Harbinger may/may not decrease their holdings, though MMX had stated they would hold.

4) Decreased liquidity 60%= Sino, 10% MMX, Harbinger 15%
David Law/MIS director still holding approx 13%

5) Now not sure this stock will fall because they are tightly held.

6) However shorters can enter, they will still need buyers and buyers can enter, hence im not sure.

7) PMM went up, Her & SMM went down after takeovers gained control but not compulsory 90% +

8) There does not appear there will be many shares on issue

Any views??