Admit it Bootleg. You can't have your cake and eat it too. You...

Admit it Bootleg. You can't have your cake and eat it too.

You posted below on the 9th. May "the only reason AND cant hold its price, is because KCN has fallen off the perch..."

It follows that the AND share price is being dragged along by the KCN bid.

Remove the bid and you MUST ADMIT in order to be consistent that "AND cant hold its price".

AND is trading at a discount to KCN's bid right now. Technically the KCN share price also looks to be breaking out into a new uptrend.

AND shareholders appear to have the following options at present:

1. Do nothing and wait for the KCN bid to finally close and then see their share price dramatically fall, because if the AND share price falls when as you admit "KCN has fallen off the perch..." imagine what will happen when the KCN bid has "fallen off the perch" and is ZERO - that is there is no more bid.

2. Sell their shares into the market. This selling pressure might make the AND share price trade at a bigger discount to the KCN bid, so making the kCN bid more attractive to other AND shareholders!!

3. Accept the KCN offer.

Subject re: bailing out...getting smashed
Stock Code AND - ANDEAN RESOURCES LIMITED
Posted 09/05/06 11:49
Posted by bootleg
IP 60.228.xxx.xxx
Post #1049878 - 53 reads
In Reply to msg #1049684

the only reason AND cant hold its price, is because KCN has fallen off the perch ...