I seriously doubt Toho will pull the bid. From all evidence, they want secure supply going forward for the next 20 years and now see the opportunity to tie up cbh at reasonable price levels.
to have them drop out now would see them lose face which is unlikely from a japanese company. What the actions of the past week do is reasonably assure that the bid will be taken up by shareholders and they will succeed.
Nyrstar never actually made a bid in the first place so there never was a competing offer....more likely they were the ones mucking about playing games.
So Azzumah....settle down and be reasonably happy that you own a share that has an offer on the table thus insulating it from the irrational carnage of the past week....
I seriously doubt Toho will pull the bid. From all evidence,...
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