red dragon and Andre good posts
yes vote is a cert
hedge funds want out...it's not in their mandate to reject a bid, see the price fall and hope they come back for a few cents more. they are out....they are following the board....they try to block it and it backfires they llose their job......
vote will he a solid yes....23, 000 shareholders who see 45c a very good result.
counter bids???? keep dreaming....I think no-one else keen....would love to be proved wrong......conventions or no convention......they can bid conditional.....doubt we will see Anglo, Xstrata/gLencore , teck or posco enter.
but with the board saying accept, the Market saying accept, major shareholders exiting, not 1 bit of research or broker note saying reject, No counter seeing the value, some of you will want to wait another 6-9 months for a potential 5c extra.....if Hanlong decide to go again and the African govt don't get to p off with us and cancel the convention. ....
red dragon and Andre good postsyes vote is a certhedge funds...
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