re: takeover offer Katy,I like your spirit, but I think the 14c...

re: takeover offer Katy,

I like your spirit, but I think the 14c offer will go through, unless a better offer appears from somewhere else. Especially as the bgn directors are supporting the bid.

They already have CBio's shares, and will probably get all the directors holdings & their mates.

Although they have a condition of 90% holders accepting, they can take control of bgn, once they have over 50%. At 50% they can effectively do what they want.

Once acl got over 50% of mtr, they declared the takeover unconditional & took over the directorships.

But a bigger bid might appear from somewhere else.

Good luck.