yes the notice represented buying up to and including Tues 1 July.
But that doesn't a/c for all the action today.
we know LB bought the NHC parcel of 30.596m first thing this morning.
but then the LB order dried up.
I believe the way it works is that LB has to place the funds necessary for the purchase of the shares on market, into their brokers account.
So their buy order was filled, and they need to replenish the account. They have the funds available - they just need to get it into the hands of their broker.
So am thinking the balance of shares traded COULD have gone to someone else???
If so, what is MS's game plan?
are they expecting another bid??
WCL Price at posting:
39.5¢ Sentiment: Hold Disclosure: Held
