Friday, October 29, 2010

Antares (ANM.v) Q&A

A reader writes (excerpted):
"....with ANM rising and now over $7, is this growing market expectation of a counterbid."

Answer: No. It's more about being attached to 'good paper'. Here's the chart showing First Quantum ( versus Antares (ANM.v) since the takeover was announced.

Not saying a counterbid is impossible, however. We'll have a little more on the ANM situation Sunday in IKN78, subbers. DYODD, dude.