I definitely agree that ELM is worth more than 66c, I sold some the day after the announcement & will be buying back in again soon
I think we will end up with the 66c deal but there is still a small chance of the major holders knocking it back if another player has shown interest but it will be such a last minute thing
Some great posts on here today
China is really making most of the current market sentiment in buying out companies that need financial backing & the aussie dollar is only making it sweeter
K2P Price at posting:
52.5¢ Sentiment: ST Buy Disclosure: Held