With the new boss of PXG saying regards the now EVN take over offer -
" These factors will need to be carefully considered by the Phoenix Board before it can provide shareholders with a formal recommendation. "
BS - methinks.
Is imo a bit smelly,, pondering how much skin has the new boss got in PXG .?. Like wouldn't like to think he and other management are not offered a sweetener/job etc down the track with one or the other.. why not ?.. just saying.
PXG Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held