Good morning Canada,
Even though I'm upset like most of you (was expecting that possible openings bids would exceed the 5 dollar range). Holding on to about 50.000 shares this should be my chance of an easier life :).
But nevertheless, I don't expect other companies now sit back and relax thinking "let the aussies have this play..we don't care".
With other companies I mean : Glencore / Outokumpu / Thyssen etc. All those who are in need of Nickel / Chrome etc.
I was always hoping for some kind of bidding war and hope this is the one.
Only downside I can think of at the moment is that our BOD are getting some kind of premium and a really nice fat paid job at Forrest.
Let's wait and see but glass is still half full.
Regards,
Jean