your right, in that they must now be full of their allowable accumulation amount. So if there is to be any further buying, it can only be through a takeover. If that is the plan, then the sooner it is done, the lower the price given that generally the average last three months is used as the base price plus XX%.
Not so sure about the rail deal, I think we have all got wrapped up in the whole rail deal thing, but I am starting to think that if there is a foreign takeover, will be to set up a future rival to the BHP/RIO duopoly. BHP will not be sharing any rail then.
I wonder then if BHP would try to prevent such a takeover situation by countering.
Pure speculation, but like I said, interesting times ahead.
BRM Price at posting:
$4.14 Sentiment: Buy Disclosure: Held