Quote Originally Posted by forest View Post
Mogul I think this could well happen, the present scheme of arrangement has the feel of being a low ball offer, opportunistically made over the holiday period.
Quite likely others will up the offer and it will still be a bargain for them. The last 10 or so trading days volume of shares traded has been unusually high which tells me a better offer is more than likely.
I'm sitting tight. The offer is way too low.. and we lose nearly a year of revaluations. I also see no reason there is big volume at close to $7. I understand the selling side but the buy side is the interesting part of all this