Do others think its Thorney's move that's forced MTQ's hand?
If I was MTQ and had decided that I'd have a crack at a takeover, you would have done it at 2.5c, say a 100% premium = 5c But now that they've basically driven up the price themselves, 5c would have no chance.
If it were to be a takeover why would MTQ boost the share price so much just to add 2% more of the register? Having to take over 85% or 83%, is there really that much difference and worthwhile driving the price the up for themselves?
NMS Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held