The whole concept of "friendly" takeover is to maximise...

The whole concept of "friendly" takeover is to maximise Trafigura's selling price per share at the expense of majority shareholders.

There may well be positive outcomes for management supporting the takeover - Minmetals should be very grateful.

The take home price per share of those holding Australian Anvil shares will be barely above that reached 14/1/2011 after currency exchange has been taken into account. - And Anvil profits have - and are - surging since then. Share price has been very reactive to actual profits in the past and profits will be up, up and away.

There does seem a little arrogance in Anvil management reaction to Gecamines stipulations - my imagination?
Gecamine is not overly tolerent to those who stand in their way.

Hopefully Minmetals will abort the takeover attempt because of uncertainty.
But they may not of course.

Should the takeover be aborted there will be a overhang of Trafigura shares which will temper share price.
I would be happy with that.

Finally one of my repeated comments regarding Anvil ----

"There is always something"