RE: Grrrr10 Sep 2020 14:16
If BHP dont make a bid, they will sell their shares. I am not aware of BHP holding a stake of 13% in anything. Same for NC, except they cant really manage/afford Solg. So its a BHP/NC JV or NC will sell to BHP and BHP will then make a successful bid, at about 50p.
If NM can extract the regionals from this deal, then thats about as good as its going to get for him.