What I am getting at is I think it is fair to say that a majority of holders are unhappy with the offer as it stands.
If it continues to run once the "manipulation" stops and is trading at say $6 I would conclude two things - either DART is being valued by the market at $1.30 or the market believes there is a second bid.
I don't see how Shell benefit from capping of the price as it makes DART worth bugger all - especially after the sell off that will come upon listing as people pull the last of there AOE money off the table. (and as the deal is currently structured DART is the only variable and the only further upside from where the offer sits)
I hope this is a litlle clearer
Possibly my logic is out (not the first time....)
What makes you think FIRB is in the bag? (I kind of think it is to)
Thanks
Pete.
AOE Price at posting:
$5.16 Sentiment: Hold Disclosure: Held
