This is getting beyond bizarre.3 relevant announcments today:i....

This is getting beyond bizarre.

3 relevant announcments today:
i. MAK increased offer - glad to see any improvement
ii. UCL announces new assay results - look promising suggesting a very large increase in JORC resource size coming with a significant portion to be moved into indicated category
iii. MAK announce their capital raising at 43 cents.

So i. improves the value of a BON share, ii. raises further questions about what is fair value and iii. complicates the whole thing by raising the question of what is a fair price for a MAK share now and therefore what a linked BON share would trade at.