takeover thoughts, page-3

"Would another suiter want or need to show their hand prior to FIRB approval (late March earliest, and possibly extended beyond)?"

No another bid could come in even later than your late march date. from memory even right up to begining of june (I'll need to check that date)


"If Minmetals gets approval the suiter could still conterbid with a higher but otherwise similar offer, say at 90cps."

Yes


"If Minmetals is knocked back by FIRB the suiter would be in a stronger position and could offer cash + scrip, rather than all cash, particularly if it’s a BHP."

Yes sure it could happen..

"There seems to be a bit of resignation that this is as good as it gets both here and in the financial press. IF it is plausible it seems we may be being a bit impatient expecting another bid within days of the Minmetals offer."

We maybe getting impatient and hope for the bid to go though because morons like AM have almost but given up and have said we face a strong chance of Administration.

"Now I just dreamed all this up and am happy to have my reasoning picked apart. (discl; holding to the bitter end"

we all dream.