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04/05/07
12:22
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Last night Coeur D Alene Mines Corp were again one of the worst performers on the HUI - down 3.7% to close at a 12 month's low of US$3.90.
Their share price has also halved since early 2004, despite the price of silver solidly rising.
The BSG share market activity is quite promising.
The Coeur D Alene Mines Corp closing price last night equlas AUD$4.76.
0.682 Coeur shares for each BSG share = $3.246.
So BSG, now trading at $3.28 bid, are at a premium to the offer.
One sure way to kill a take over/merger is to trade at a premium.
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