Cant help thinking the 5.5c offer was a rouge! Should be an up the anti in the next few days. IMHO.
MM and MCQ both have 8.25% each, which is 16.5%, maybe a little more now add that to the 31% for BCP, very close to 50%.
Scenario if both MM and MCQ knew that a second offer would follow, because they have been working with BCP, then stands to follow things will get elevated very soon.
The lack of transfer to BCP would suggest that more is required!
NDO Price at posting:
5.5¢ Sentiment: Hold Disclosure: Held
