Game of PokerSeems the hand just got raised and few people are folding in their chips....
This is a perfect play by Cliffs. Keep raising by pennies to see who drops out of the game.
This isn't about Spider vs KWG. Think about it....has anything changed with the resources? Has their value gone down? Did they disappear? On the contrary...they value may actual increase....and again it is all about CONTROL.
Ask yourself what you want for your shares? If it's nickels and dimes then by all means sell...if you want more than look at the big picture and what the resource is worth....NOT what your share price may be in the short term....
Will KWG drop..maybe and I will buy more..this is a textbook play by big business...scare the shareholders into selling their shares...telling them their company isn't worth anything and then buy cheap......if we were still an exploration company then yes sell by all means...but the fact is that we discovered something worth billions....
In the end, ask yourself...if you were buying a car and you had two dealers wouldn't you play them against each other for the best deal?