BDR 0.00% 6.5¢ beadell resources limited

Vote Now!, page-2

  1. 546 Posts.
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    Great Panther traded last night as high as 83 cents and closed up 1 cent to 80 cents.    This now values BDR shares at 6.8 cents.    

    In the booklet on page 27, it states that the approval threshold is 50%.  Furthermore, from the outset of this takeover a couple of large shareholders with 19% of the stock stated that they'll support the scheme.  From that, everyone can draw their own conclusions around the probability of this scheme going ahead.  

    How Mr Market responds the either scenario is the key.  The fact that Great Panther is slowly creeping higher, indicates to me that Mr Market see's this acquisition as favourable, because it's at a major discount.  What is unknown is how Mr Market will respond if the scheme is voted down.  Does anyone have a view on that last point? 
 
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