I am a long term MAK shareholder and saw this as a good opportunity to accumulate some more shares. Yes at the moment I am down on my BON shares based on the equivalent MAK price.
I have confidence that MAK will deliver and one day break new ground with the share price so I don't intend to sell any of my shares at a loss.
Today there are a few traders with jitters about whether they will reach 50.1% so they are selling out.
I have a feeling that there are a lot of BON share holders sitting on the fence but come end of MAY will accept and get it over the line. That's just what I think and could be completely wrong.
However I have noticed that the BON share price is now on par with the offer (about 1/20th of the MAK price) so this could indicate that it will succeed.
BON
bonaparte diamond mines nl
who else will accept?, page-3
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