RedEmperor, MK will NOT up the bid, he will be happy just to sit and watch them dribble in over the next few weeks, this will gain momentum as the deadline closes in, then it will be a rush for the EXIT. The bid will be pulled on the 26th April 08. Be sure about that.
I've said before the smart move is to sell to TTY and then pick up TTY at 91-96c and enjoy the ride. You have the likes of Noble and Deco Metals behind TTY, these guys are No.1 for marketing commodities in Asia and Eastern Europe.
OLY is only the start, and we need to mop them up quickly so that TTY can get started on the next one.
MK has plenty of cash in the bank, with iron ore shipped at the highest price of any Australian producer, the piggy bank is bulging more by the day.
TTY stakes in other companies, OLY will be at 40.1% come Monday announcement.
OLY 38.20%
MAL 29.59%
MON 10.28%
IRL 7.64%
NMI 15.72%
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RedEmperor, MK will NOT up the bid, he will be happy just to sit...
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Mkt cap ! $2.991M |
Open | High | Low | Value | Volume |
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