re: Ann: MAK: Update on Takeover Offer for Bo...
Nobull, the bid's at 4.4 cents BON still but only for a small amount. For your 100k you'd probably get an average on market of about 4.1 cents = $4100 gross. 1:9 compulsory acquisition will give you 11111 MAK shares. If they can hold 50 cents that's $5555 so profitable for you. Current line of support is 47 cents = $5222. Cap raising line of 43 cents would be $4777 so you really should be in front by getting MAK and dumping them.
$4777 would buy you 796288 UCL shares at 0.006 - near enough to 8 for 1 BON $ 5555 would get you 925,888 UCL at 0.006 or a bit over 9 for 1 BON so overall you'll probably be somewhere around your goal of 9 UCL for 1 BON that you were hoping for providing you get your MAK sell and UCL buys right. Good luck. :)
BON Price at posting:
5.5¢ Sentiment: Hold Disclosure: Held