Won't be too long before Senex have over 10% , ie blocking stake. Here's the thing - this will now play out over months not weeks and that means ACN will have drill results booked. I now think it highly unlikely any t/o will succeed as this will be 60c to $1 before you know it if Flax/Juniper are joined. This is about neighbours gaining a stake and nothing more. At some stage a much larger fish may take out the whole bunch.
ACN Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held