Slap, that's a standard response from any company in the face of an unwelcome bid. Especially if there is bad blood between the bidder and target i.e. Kiernan and the old board. Also, he'd just come out and basically said that they had run the asset badly since he left. No great suprise they came back as hostile. It's all posturing.
As for a price drop - if there is, it will likely, IMO, be quite small, before continuing again on an upward trend.
- Forums
- ASX - By Stock
- TFE
- when will tty come out of suspension
TFE
territory iron limited
when will tty come out of suspension, page-5
Featured News
Add TFE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online