RE: RE: Offer 2p+16 Aug 2018 08:48
Morning Hardy. We don't really know so not going to ramp this. 2p, 3p, 4p maybe more??? All depends on the companies looking at the books. Let's presume the 4 or 5 companies still there out of the original 20 are the ones who are not in a rush to get the permit. If they enter a bidding war nobody knows where this will go. If the permit lands then suddenly we have some of the other companies back, more competition and a higher price. I feel the companies who are not in a rush for the permits will be eager to wrap this up before anymore interest. Distress signal, I think not. AST are in a great position now. Going to enjoy the next few week. GLA