who has lost the plot ..., page-9

Its quite normal for the share price to track the share price of the company launching the takeover. Variables that differ are whether the market believes that there may be another company wishing to make a counter offer or the market believes the takeover will fail then you would have the sp moving in the opposite direction Unfortunately,in BSG's case it appears the market does not believe either of these variables exist at the present time. BSG's problem is that the takeover was priced at bugger all premium to the current share price and to make matters worse the directors have recommended the offer and advised that they would be selling their 20%. For the short to medium term holder this is a rubbish outcome but for the long term holder with the outlook for silver I would not be surprised to see CDE trading at $20 as they did in their glory days~