why would WHC (or anyone else for that matter) mount a takeover...

  1. 1,900 Posts.
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    why would WHC (or anyone else for that matter) mount a takeover when some sellers are silly enough to sell to them at 85c ?
    The buyer keeps renewing 50,000 buy positions at 85c and sellers are providing stock - why would you do that when $1.10 is just around the corner !?!
    Can't be that much free stock around so it must stop soon.

    Still waiting for Board and management to respond to Macquarie .......
 
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