The fact that shareholders vote on this at the end of the process means it's nice to know that an offer has come in and makes outsiders close to Botswana think twice of taking their time
As for people selling oh come on !
Look forward to seeing AB and saying 'NO DEAL' tomorrow
It's an indicative offer
Why do non holders create unnecessary drama ?
Don't you think it sends a signal out
Come on smell the coffee !
You do know this is a paper exercise to flush the shareholder list of 1% and above
We find out who the shorter is and then he has to close
Now when the buys flood in he can't shut it and then take MASSIVE losses
Remember NEW saga
It's a deliberate RNS at a deliberate time allowing the shorter no time to react
This will never be taken to a vote and unless you understand the reason for the price etc it's to avoid suspension or to be considered an RTO
Lots of people posting it all wrong here
Servant says the shorter makes a fortune if it hits 1.04 oh so Alex Borrelli is helping them is he !
Get a grip please !
Also are MTR suspectful an MM is accumulating for a PE House for when a low ball offer comes in and they have a large % vote?
Alex isn't stupid and well respected at BMR and the city
This is a master stroke
I await for the great Okenia to speak probably Sunday to calm the nerves but to be honest there seems more non holders worried
Sleep easy as the shorter won't be
Really looking forward to the Scoping Study, good timing that the price of Copper is at the highest for 18 months
MOD Price at posting:
2.9¢ Sentiment: Buy Disclosure: Not Held
