why worry - be happy, page-7

I agree Hooter, i don't think Xstrata is responsible for pushing the price around. I think it is other parties, hoping to profit from their manipulations.

If logic applies, then I don't believe Xstrata are going to take over the company, after all, they could have done it at any time in the past, and at a very cheap price.

AC himself said back in about July that all negotiations were for 100% of Roseby. The price of the first 51% is determined by the valuer. So it is the price of the 49% that can be disputed.

However, objectives change and Xstrata could after all decide to go for the whole company. Anything is still possible. One wonders why they are waiting to the death knock at 5:00pm on the 17th for their decision. Presumably discussions are still continuing, both internally in Xstrata and externally with Altona.

The clock is ticking over, and there is not long to wait. However in life, expectation is a subversive enemy, and results often surprise.