why would WHC (or anyone else for that matter) mount a takeover when some sellers are silly enough to sell to them at 85c ? The buyer keeps renewing 50,000 buy positions at 85c and sellers are providing stock - why would you do that when $1.10 is just around the corner !?! Can't be that much free stock around so it must stop soon.
Still waiting for Board and management to respond to Macquarie .......
CWK Price at posting:
82.0¢ Sentiment: ST Buy Disclosure: Held