It is fascinating, but they don’t need to be passive, my pure speculation:
Roy Hill has their 30% partner accumulating shares- firstly up to major shareholder status and then up to 20%
Redstone can up their offer and buy more than 20%
FMG need to make offer and accumulate more shares.
Using Instro’s to accumulate is also an option- I think but I am not sure.
Or someone else is involved in blocking or accumulating above 4.2
- Forums
- ASX - By Stock
- AGO
- Will FMG make a bid tomorrow?
Will FMG make a bid tomorrow?, page-196
-
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)