RE:RE:Turquoise Hill, bid too low !!!Sooner, the only way that RIO would publish an offer without the blessing of the BoD (and trust me, the BoD will reject a $4 offer quicker than a NY minute) is in the guise of a "hostile takeover" and trust me, that will not happen.
An offer won't be made public until RIO meets the price target of the BoD (over $10 a share). Now, I know you think the BoD will lower their price target to under $10, but don't hold your breath on that one.