Snug a good analogy BUT why are the bids still so large...and for both company sites. If I were clifs and going to pull my bid I would pull it NOW...why wait? What the advantage?
The advantage is as in high stakes poker. he who shows his hand can lose lots ....he who can make the oposition think he has nothing wins a lot more...when the cards are all on the table.
My take is this could have been a done deal for .25c that is aprox 25mm more...what is that to billion$ i revenue. Mr Boor fell down...his head is not as firmly ensconced on his shoulders..
good for us.
but dont go for the head fake..