I imagine that a group of rational,profit focused EXU shareholders are now looking for their RMS Acceptance Forms and there will be a flood of them posted this week. The numbers are now far too good to reject the takeover. With RMS’s voting interest increasing exponentially there will likely be a good chance that the ALK transaction will be voted against. RMS can then extend the offer for another month and mop up a majority shareholding.
EXU Price at posting:
8.7¢ Sentiment: Sell Disclosure: Held