i would think that 4.2 + cash would be bhp overpaying (maybe its not actually overpaying, but it would be seen as expensive) and therefore not favourable to bhp shareholders....
my guess is they will offer 3.5:1 + $10/$20 cash (@ $40 BHP = $140-$150 for RIO), if they offer at all....
i dare say that when rio was $90 pre any bid talk, most holders would have accepted a 3:1 deal??????
just my thoughts, comments?
take over offer, page-9
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Last
$113.99 |
Change
-1.950(1.68%) |
Mkt cap ! $42.31B | |||
| Open | High | Low | Value | Volume |
| $113.88 | $114.63 | $113.30 | $262.1M | 2.267M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3007 | $113.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $114.11 | 19 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |