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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Little who wrote (26515)8/14/2000 10:11:10 AM
From: Andrew  Read Replies (2) | Respond to of 26850
 
Its highly unlikely that DeBeers wont get 50.1% with the lockup deal. Those who dont tender will be left with an illiquid stock. There are ways for the bidding company to squeeze out reamaining shareholders.

The best way to play this now is to tender and hope for a competing bid IMVHO.

Andy



To: Bruce Little who wrote (26515)8/14/2000 11:32:11 AM
From: .Trev  Read Replies (1) | Respond to of 26850
 
That's very interesting question.

The only way to find out is to sit on your hands and shares for a while yet. There's lots of time to see what else is hiding in the bushes.

Cheers
Trev


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