Amazing situation, it looks like the bid for Lundin is being...

Amazing situation, it looks like the bid for Lundin is being resolutely rejected by the shareholders of EQN.

I don't think I have seen this before, where bascially the deal is being scrapped by shareholders not wanting to take on the risk forced on them by the board. The shareholders of EQN are doing the only thing they can... selling!

SP dropping for EQN, Inmet's SP rising... I think Inmet will win (might be an early call), clearly the preferred bid now on price and strategy for Lundin board, the EQN board should learn that there is little appetite for debt risk at this stage of the financial cycle.

Amazing (Harry Who)... Amazing...