re: Ann: FIRB Confirmation for Hanlong Transa...
The Directors could come out of this with a big fat bonus and pay rise. Just how many of us vote NO to the remuneration report will determin outcome.
The markets are not taking the news that well, would have expected the S/P to have gone up like a rocket. Yes anything can happen in the next three weeks, we are still open to another offer.
All in all very happy to be in this situation can only get better.
As a side note Fischer can't help himself, saying Hanlong are close to arranging finance. I would think that it is a forgone conclusion, why would they come up with $200mil if they thought any different.
MOL Price at posting:
$1.09 Sentiment: Buy Disclosure: Held