EQN 5.71% 16.5¢ equinox resources limited.

about lundin take over, page-14

  1. 189 Posts.
    Hi 68stang,
    I agree the proposed takeover price is now too low to succeed, but the problem will be if EQN does NOT walk away and ups the anti, borrowing more cash &/or issuing more shares.
    All depends on how determined they are to get Lundin, I personally hope they don't get sucked into a bidding war.

    Our SP has already taken a hit but just watch it if they can't show some disciplin and let this one go thru to the keeper!
 
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