The board are looking to sell. So there is a willing seller. Once they get anything above 6.5 this baby will go.
Easy money to be made on this stock.
The biggest shareholder is annoyed at the boards last decision and is looking to sell its shares directly to the bidder at 6.4.
If this happens the bidder will send notices to all shareholders and by golly I will be getting rid of mine in a flash.
BIRD IN HAND BETTER THAN 2 in BUSH.
COA
coates hire limited
new bid chatter, page-12
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