RE:RE:RE:Can rio buy more shares now? They are bound by the same agreement in the Extension. I'm rather sure they can buy no shares without the WRN Board's approval. The intention of the agreement was to limit them so as not to let them gain control and discourage other potential bidders.
I do think it would be nice if Rio might make some sort of positive comments about the property and what exactly their intentions might be with us.
if our share price is too low and Rio knows this and knows what the board will sell for, and they are actually still interested. perhaps they could be a little proactive.
This is definitely the moment WRN should be announcing another bidder!