MOS 0.00% 16.5¢ mosaic oil nl

scheme proxy form may be fatally flawed, page-6

  1. asf
    9,888 Posts.
    Thanks, folks, for the info.

    On another note, the MOS SP is 15.5c, and the usual invitation (not currently, but usually) is for us to sell our shares for 15.5c on the market- who would vote "yes" to a scheme offering us 15c? Another 4m shares were bought (and sold) today- presumably bought by hedge funds, and sold by people who would rather get more on market than we could get in cash. AGL's SP is again stopped at $15.59 and I hve no faith in the reliability of AGK to just go up. On that SP, our MOS shares are priced at 15.75c. On a down day in the market, though... what will they be worth?

    do you people have any thoughts about the agenda of the hedge funds? They are buying and buying and paying above price. Someone on here today said that one of the funds is acting as advisor for AGK- seems unusual.

    Do you think 15.5c on market is the best we'll get?

    Thanks :)
 
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