Nice theory guys better keep it to yourselves otherwise everyone will want to do it. Oh wait a minute everyone will want to do it and of course everyone will get their shares on 29Sep +3 and all head for the exits at the same time with absolutely no pressure on the SP.
I can just imagine the chatter in the boardroon.
We need to gain the 55%
Let's increase the offer
No I have an idea let's create a smoke and mirror effect and make people feel like their getting something for nothing so they will be tempted to accept because we don't care if they make a profit or loss we only care about control of DIO. Let's issue shares sooner.
Brilliant then we can extend the offer if necessary and possibly increase it to mop up the rest.
The offer is unconditional
The strategy will work if there are only a few of you if there's a rush then the RMS SP will drop. Who's going to be the brave soul to commit money to a losing trade. I can see them all lined up at the +3 opening.
Cheers BW
DIO Price at posting:
87.5¢ Sentiment: LT Buy Disclosure: Held
