This new offer puts it in line w/ other recent offers. I was looking forward to a bidding war. Hope what they say about a counter from Xstrata is true.
From one of my previous posts...
Xstrata takeover of LIM - 5.8% prem over prev. close and 16.5% prem over last 30 days. Teck Cominco takeover of Inco - 20.1 % over prev. close and 27.8% over last 30 days Freeport takeover of Phelps Dodge - 33% over prev close Paladin takeover of Summit - 28% over prev close and 36%.9% over last 15 days Quadra takeover of Equatorial - 32% over prev close Harmony takeover of GoldFields - 29% over last 30 days.
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