These WNI dogs are despicable. Of numerous takeovers I have...

These WNI dogs are despicable. Of numerous takeovers I have experienced this is the only one causing so much anger, bitterness and sense of injustice and brazen victimization.

The moment they made the extension final, I instantly smelled a rat. The pace of the mop up also aroused my suspicion that the end was nigh.

I suspect the phoning around was to calculate how many more shares they needed to buy on market should they fall short of 90% even with the warehoused shares.

I reckon they paid one of the major holders a handsome reward for handing back the acceptance form.

From less than 87% to almost 92% in a few days would have required more than just the warehoused shares IMO.

Anyway, the fact that BRM was challenged by the Port Headland Authority is a bad omen. It is in the interest of FMG and AGO (should they merge) to have WNI relinquish the allocation. Why pay a billion dollars for something one can get for free by simply saying...."solly WNI, train is full".