If there is going to be a counter offer it would be in the new bidder's best interest to keep the sp at or below 15c while they buy up a sizeable chunk before making their intention known.
Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks
AN1 CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch