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0.63% 80.5¢ red hawk mining limited

please no scrip bid from bck next week

  1. nobullnotOzzie
    819 Posts.
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    29/06/13
    07:46
    Post #: 11943516
    With BCK up nearly 50% for no apparent reason on Friday and with us continuing to reach new lows not seen for a long time, it would be just our luck to be the target of an opportunistic all scrip offer from BCK next week. I suppose the rationale would be to pool our bargaining power to screw better terms out of FMG for rail usage. As a combined company, I suppose it would impress the Chinese off-takers more.

    Come on Rio: do a deal with us.
    FMS Price at posting: 2.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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