1. EQX may enter the scene with a bid. Liklihood is a good chance as they are the second biggest shareholder and have big interests in projects next door and by acquiring AKI project economics are vastly improved. 2. Other bidders entering. I wont rule out the chinese as they are quite active and have good relations with African governments and as AKI needs funding to advance its projects. Likihood of a offer is low as it would be quite late to make an offer for it but knowing the Chinese doing things their way and have lots of cash, anything is possible 3. Nothing happens as AKI management (ex tony sage hahaha) will deny all rumours and media speculation. but at the end of the day the public is the judge and good takeover targets will always be good takeover targets 4. AKI will go into trading halt until its ready to make an announcement.
At least we all agree AKI was primed for take over action but its very interesting to note credit suisse is helding the active buying on fri!
Best of luck to AKI
AKI Price at posting:
40.0¢ Sentiment: Hold Disclosure: Held
