MCC 0.00% $16.01 macarthur coal limited

Ann: Notice of Variation - Extension of Offer Per, page-3

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  1. asf
    9,888 Posts.
    re: Ann: Notice of Variation - Extension of O... Hard to knowl, oberte, but there's big volume again today- $49.8m so far. I'd like to think an extension of time is so that they can convince the major holder to come across. Hopefully, we'll get a higher offer- $17 was discussed in the media- that would be great.

    I always forget about Maccy Coal- it just sits there. Maybe everyone else has forgotten, too, hence they are concerned about their acceptance levels. I don't think the suitor can pull out at this stage, so it's still risk-free (I hope!) More sitting.
 
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