FML 6.67% 14.0¢ focus minerals ltd

stone offer for cre, page-9

  1. 435 Posts.
    Morning Pinto (says he as sun is just rising in WA),

    Was not expecting Stone to lodge on 17th, rather an announcement from CRE to the ASX to the effect that Stone had made a request for due diligence (ie potential second bidder).

    If the article is correct about the Stone bid and Stone seeks due diligence, say next week, could well be seen as a case then of market manipulation due to the ramifications of the convertible note vote on 18th.

    Reiner has added a bit more to this in one of his posts this morning.

    cheers, kentwang
 
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