How will the MIS shareprice dive when there's still a standing offer of $ 6.38 per share ?
Let's get one thing straight. When MMX wins the infrastructure, it will NOT be for political reasons but because they're miles ahead of Yilgarn's proposal.
I don't think MMX will bounce much until we get the infrastructure, but $ 2.90 is going to look like the bargain of the century very soon...
Sino will kick themselves down the track for not merging now. If they ever get FIRB approval to take over MMX, they'll pay through the nose, but what the heck, they can afford it.
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