MCC
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0.00% $16.01 macarthur coal limited

Not much of an increase.I guess most now know CITIC wants...

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  1. Matt747
    10,494 Posts.
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    20/09/11
    09:48
    Post #: 8981879
    Not much of an increase.

    I guess most now know CITIC wants $18/share if it doesn't bid itself, why then accept a $16 offer ?

    For this reason, I think PEAM will up the offer to $17 and call it FINAL to wrap things up.

    I'll accept $17 but NOT $16.

    MCC Price at posting: $15.95 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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