It seems of little relavance now to analyse the workings of ophr, the only relevant factor is the value of the asset as the hammer falls ( presuming it does? anyone selling tommorow does so with the risk of being out when the rns is dropped Good luck to all holders.
Ophir price is already peanuts, fortuna has done no favours to the shareholder, if we take a spanking then the market is being extremely shortsighted valuing other assets at f-all.
Anyone selling tommorow takes the risk of being out at possibly the most important time in the history of ophr, I still hold some at 1.40 and have written them off,
It depends, one problem with cash offers is often the duration also if shares are in a isa it takes them out of the wrapper and makes the money taxable.
I think any drop will be short lived and bought into as the possibility of a takover is even more likely now, Booth will be keen to negotiate with medco imo, can't keep being punished forever for the same thing ( the market never priced fortuna in anyway, the asset has a value that cannot be denied ( I think wheels are turning now.