At 19c a share today, NST could offer 30c and probably take them out. NST's average buy price is 31c, so they could probably take them out for less than their average buy-in price - a bargain for NST (depending on how they read the DFS).
At the moment though, NST are at Diggers and Drillers in Kalgoorlie, planning on becoming a globally dominant gold miner. Wish I had kept my initial shares at 44c now - damn. Should have followed Billy right from the start, he's an absolute gun.
It would be fascinating to know what the inner sanctum of NST made of the EAR DFS.
Gw
EAR Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held