BON bonaparte diamond mines nl

who else will accept?, page-4

  1. 9,325 Posts.
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    I wouldn't have any concerns about 50.1% if I was you. It's too close and I'm sure MAK could find some other MAK fans like yourself if they really needed to.

    Relative strength for BON today is quite interesting. I thought that perhaps you might still be buying thereby supporting the price as generally it has traded at a significant discount during the takeover period. Maybe the closeness of 50% encourages some but there's no arbitrage advantage at par so if that was the case it would have to be people wanting to get the MAK bid over the line.

    Alternatively the UCL bid prices BON at 6.3 cents today so maybe some UCL fans want to get some value?
 
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