Aphro, I presume Ms "B" is St Barbara? If you are refering to St Barbara you are correct to say that they would be mad not to take a big chunk in CAH and CQN. The share price is supposedly undervalued in this merger of equals.
As a growth opportunity for St Barbara why wouldn't you buy.
I don't think I've heard or read that SBM will come back with an "up" offer. If so, I hope so!!!!
But I doubt so.