Ann: Change in substantial holding from EVN, page-19

You would do well to look at posts like the ones below yours from Insaf, or even above from Pete.... they contain actual content!

Which is more than you have offered in not one, but three recent posts.

I tend to agree with your thoughts Insaf about the action that is occurring in terms of testing the waters and assessing price points and levels that may be required to get the whole company.

The added bonus for EVN about the recent spike was an increased number of acceptances as well which represents good data. Now it goes down leaving some holders probably with the feeling that if it got back to the previous high I may take it. Very psychologically testing.

Though I don't agree with your view of early acceptance as being dumb.

This is because I have not locked in everything. Yes, I have the cash and have sold the EVN shares received, but if the offer is increased before closure in terms of extra cash (more likely) or scrip (probably unlikely) I will become entitled to that benefit.

Without having to still hold and wait.

The risk for early accepting parties is not an increase from EVN; it is a competing proposal from Zijin which if made (and looking more unlikely with EVN at plus 30% of PXG) would result in the patient being rewarded and me having accepted unders.