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19,194 Posts.
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16/05/14
08:27
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"However, if Landbridge do get to 90%, there's no point waiting until compulsory acquisition, it just delays payment."
Its worth noting NMS (Neptune) a few years ago, I held this just before a takeover, which failed to get enough stock, but still got plenty.
I ended up selling just over offer on brief spike to 3.3c, and was quite happy to see it fall after bid finished...
3.2c to around 2.5c
then it climbed to 5.2c due to tiny free float.
If this happens here, and they say get to 80-85%. Hold on. That's my lesson from that NMS scenario.
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