I feel the only hope for Share price is to go crawling back to Morgans and Hartleys. They made hay when the atlas sun was shining, and I would imagine they expected to see a good feed and deal flow out of this one. There seems too much overhang and the idea of another firm getting a commission sometimes alienates the house. A $200m all
Cash offer for a project like the one held by MRC would certainly motivate a broking firm to ramp the hell out of this and find the funds.
BAT Price at posting:
3.0¢ Sentiment: None Disclosure: Not Held