Sounds like the BAL Board think they have the numbers to stave off Jan and co. They will know by getting a late day update of the share register and seeing trading activity over the last 2 days. Otherwise they would taken a different path this evening on the supposed offer and I wonder where the offer came from, Bell Potter behind the scenes working some magic perhaps.
Also good to see the hedge funds are not in with Jan and co. By the way @usc75 you own me a bottle Dom and a trip to France now!
BAL Price at posting:
$4.27 Sentiment: None Disclosure: Not Held